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MIRA INFORM REPORT
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Report No. : |
511836 |
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Report Date : |
26.05.2018 |
IDENTIFICATION DETAILS
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Name : |
GENERAL PHARMACEUTICALS LTD. |
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Formerly Known As : |
GENERAL PHARMACEUTICAL (PVT.) LTD. |
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Registered Office : |
Sara Aftab Tower (5th Floor), Holdings# 6/1/A, Shamoli,
Adabor, Dhaka-1207 |
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Country : |
Bangladesh |
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Financials (as on) : |
30.06.2017 [Summarized] |
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Date of Incorporation : |
05.04.1984 |
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Com. Reg. No.: |
C-11904 |
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Legal Form : |
Private Co
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Line of Business : |
Manufacturer, Distributor, Exporter and Importer of Pharmaceuticals Tablets, Capsules, Injectable Products. |
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No. of Employees : |
3000 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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.
IDENTIFICATION DETAILS
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Correct company Name |
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GENERAL PHARMACEUTICALS LTD. |
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Previous Name |
: |
GENERAL PHARMACEUTICAL (PVT.) LTD. |
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Head Office |
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Sara Aftab Tower (5th Floor), Holdings# 6/1/A, Shamoli,
Adabor, Dhaka-1207, Bangladesh. |
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Tel No |
: |
88-02-9132594, 9142470, 9298011, 9298069 |
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Fax No |
: |
88-02-9120657 |
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E-mail |
: |
info@generalpharma.com |
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Website |
: |
www.generalpharma.com |
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Date/ Year of Incorporation |
: |
05.04.1984 |
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Incorporation
No. |
: |
C-11904 |
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Legal Form (General) |
: |
Public Listed Co Public (but not listed) Private Co State-owned Co Sole Proprietorships Partnership Not Registered others (please specify)
________________ |
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Legal form (Specific) |
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LTD CORP INC CO others (please specify)
________________ |
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Issuing Authority |
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Registrar of
Joint Stock Companies & Firms City Corporation Municipal Administration Union Council Cantonment Board Chief Controller of Import & Export (CCIE) |
FINANCIALS- SUMMARY
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Year |
Turnover/
Sales |
Assets |
Income |
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30th
June’2016 |
BDT 1762.00 Million |
BDT 1830.50 Million |
BDT 35.90 Million |
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30th
June’2017 |
BDT 1859 Million |
BDT 1881.21 Million |
BDT 41.08 Million |
FULLCHECK
REPORT DETAILS
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Information Parted By |
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Name |
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Mr. Mohammad
Shafiqul Islam |
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Designation |
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Ass. Manager( HR) |
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Contract No |
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N/A |
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Locations Details |
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Operating Address |
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Sara Aftab Tower (5th Floor), Holdings# 6/1/A, Shamoli,
Adabor, Dhaka- 1207, Bangladesh. |
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Tel No |
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88-02-9132594, 9142470, 9298011, 9298069 |
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Fax No |
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88-02-9120657 |
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E-mail |
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info@generalpharma.com |
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Website |
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www.generalpharma.com |
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Location : |
: Owned |
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Rented |
Ö |
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Leased |
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Area |
3200 |
Sq. ft. |
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Type of Office : |
: Commercial Office Bldg. |
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Semi-commercial office Bldg. |
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Retail shop |
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Industrial Park |
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Business Center |
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Home Office |
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Residential Bldg. |
Ö |
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Factory-1: |
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Address |
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Telechala, Mouchak Kaliakar Gazipur -1750, Bangladesh. |
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Tel No |
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88-02-9298011, 9298069, 9297199 |
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E-mail |
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gplfactoryu1@generalpharma.com |
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Factory-2: |
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Address |
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Karolsuriehala, Mouchak, Kalahari, Gazipur,
Bangladesh. |
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Tel No |
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88- 88-06662801050,
01714085048 |
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E-mail |
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gplfactoryu2@generalpharma.com |
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Employee: |
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No. of Employees |
In Office |
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380 |
In Factory |
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2620 |
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In Branch: |
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Nil |
Total |
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3000 |
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OWNERSHIP/SHAREHOLDERS
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Names of Shareholders |
No. of
Share |
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Dr. Momenul Haq |
109150 |
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Dr. Sarah Momen |
240850 |
DIRECTORS
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Name |
Designation |
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Dr. Momenul Haq |
Managing Director |
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Dr. Sarah Momen |
Director |
MANAGEMENT
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Name |
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Dr. Momenul Haq |
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Job Description |
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Managing Director |
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Nationality |
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Bangladeshi. |
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Email address |
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N/A |
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Other details |
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N/A |
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Name |
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Mr. Dilip Kumer
Shikder. |
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Job Description |
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Manager
(Accounts) |
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Nationality |
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Bangladeshi. |
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Email address |
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N/A |
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Other details |
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N/A |
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Name |
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Mr. Mohammad
Shafiqul Islam |
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Job Description |
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Ass. Manager( HR) |
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Nationality |
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Bangladeshi. |
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Email address |
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N/A |
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Other details |
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N/A |
BUSINESS
OPERATIONS
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Nature of Activity : |
Manufacturer |
Ö |
Trader |
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Dealer |
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Distributor |
Ö |
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Exporter |
Ö |
Importer |
Ö |
Services |
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Others |
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Range of
Products : |
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Products |
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Pharmaceuticals Tablets, Capsules,
Injectable Products. |
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Production Capacity |
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Nil |
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Last Year Production |
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Nil |
Trading Terms:
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Purchasing Terms: |
L/C |
Ö |
Cash |
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Others |
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Credit : |
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30 days |
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60 days |
Ö |
90 days |
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days |
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Selling Terms : |
L/C |
Ö |
Cash |
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Others |
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Credit : |
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30 days |
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60 days |
Ö |
90 days |
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days |
DETAILED DATA
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Trade Reference & Related Parties |
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Overseas Clients |
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N/A |
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Local Clients |
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N/A |
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Overseas Suppliers |
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N/A |
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Local Suppliers |
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N/A |
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Trade Markets |
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Exports(Country) |
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Afghanistan, Bhutan, Cambodia, Sri Lanka, |
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Imports(Country) |
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China, India, Pakistan, Germany. |
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Brand Name |
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N/A |
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Certified |
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N/A |
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Name of Auditors |
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N/A |
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Operation Status |
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Active |
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CAPITAL
STRUCTURE
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Authorized Capital |
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BDT 200 Million. |
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Paid-up Capital |
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BDT 35000000 |
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No. of Shares |
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350000 |
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Share Value |
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BDT100.00Each |
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Main Assets |
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BDT 1881.21 Million |
FINANCIAL
STATEMENT- DETAILED
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SC has
submitted their financial Summary information to local registry office |
ASSOCIARES/SUBSIDIARIES/
RELATED PARTIES
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Sister Concerns |
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Nil |
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Subsidiary |
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Nil |
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Name of The Group |
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Nil |
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BANKING
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Bank Name
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Eastern Bank Ltd. |
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Bank Address |
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Motijheel Branch 88, Motijheel C/A, Dhaka-1000, Bangladesh. Tel: 88-02-9559655, 9565073-4 |
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Bank Name
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Prime Bank Ltd. |
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Bank Address |
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Asad Gate Branch Family World Tower, 2/6, Sir Sayed Road,
Ward# 42, Mohammadpur (Mirpur Road), Dhaka-1216, Bangladesh. Tel: 88-02-9144646, 9125400 Fax: 88-02-9125400 |
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Bank Name
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Sonali Bank Ltd. |
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Bank Address |
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Local Office 35-44, Motijheel C/A, Dhaka-1000,
Bangladesh. Tel: 88-02-9553382, 9551482, 9568002 |
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Bank Name
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One Bank Ltd. |
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Bank Address |
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Banani Branch. Plot # 158, Block # E, Banani R/A,
Dhaka-1213, Bangladesh. Tel: 88-02-8824423, 8823427 Fax: 88-02-8824561 |
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Bank Name
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Hong Kong Shang
Hai Banking Corporation |
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Bank Address |
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Main Branch Anchor Tower, 108, Bir Uttam C R Dutta
Road, Dhaka-1205, Bangladesh. Tel: 88-02-9660536-43 Fax: 88-02-9660554 |
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Bank Name
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City Bank Ltd. |
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Bank Address |
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Principal Office Jiban Bima Tower 10 Dilkusha C/A,
Dhaka-1000, Bangladesh. Tel: 88-02-9565915, 9553137, 9553147 |
ADVERSE
DATA MONITORING
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Dishonored Checks |
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No Record
Found |
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Debt |
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No Record Found |
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Litigation |
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Clear |
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Performance Defaults |
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No Record
Found |
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Adverse Local Media Coverage/ Adverse Filling History |
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No Record Found |
SITE
VISIT COMMENTARY
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Our Representative Visited the subject company Head office which is
situated at Sara Aftab Tower (5th floor), Holdings # 6/1/A, Shamoli, Adabor,
Dhaka, Bangladesh. It is situated at Residential Area. |
GENERAL
COMMENTS
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The subject company is a well-known reputed company in
Bangladesh. It is reputed company in
this line of business. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 68.26 |
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1 |
INR 91.22 |
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Euro |
1 |
INR 79.88 |
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BDT |
1 |
INR 0.80 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
PRA |
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Report Prepared
by : |
TPT |
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
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
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.