11 Sep 2012 ... Md. Mokter Hossain. Net worth. Tk. 78.00 mil. Sole Proprietorship business.
CRISL SME rating mapped with CRISL Short term rating as follows:.
CREDIT RATING REPORT On M/S RITU RICE AGENCY REPORT: RR/1720/12
Address: CRISL Nakshi Homes (4th & 5th Floor) 6/1A, Segunbagicha, Dhaka-1000 Tel: 9515807-8 9514767-8 Fax: 88-02-9565783 Email:
[email protected]
This is a credit rating report as per the provisions of the Credit Rating Companies Rules 1996. CRISL’s SME rating is valid upto 365 days (according to tenure of the facilities) from the date of rating declaration. CRISL recognizes the SMEs in accordance with the definition of Bangladesh Bank. The bank exposure of SME will enjoy the same rating assigned to the SME unless otherwise specified. After the above periods, the rating will not carry any validity unless the enterprise goes for rating surveillance. CRISL SME rating mapped with CRISL Short term rating as follows: CRISL-SME1= ST-1 CRISL-SME3= ST-3 CRISL-SME5= ST-5 CRISL-SME2= ST-2 CRISL-SME4= ST-4 CRISL-SME6= ST-6 CRISL followed SME Rating Methodology published in CRISL website www.crislbd.com
Date of Rating Rating Type: Rating Awarded Outlook
September 11, 2012 SME Rating CRISL-SME 3 Stable
Analysts:
1.0
Khandakar Aminul Islam
[email protected]
CRISL has assigned ‘CRISL-SME 3’ (pronounced as ‘CRISL-SME Three’) rating to M/s. Ritu Rice Agency (RRA) based on its quantitative and qualitative information up to the date of rating. The above rating has been assigned after due consideration of its fundamentals such as experienced proprietor, profitable concern, regular repayment history, good business network, good security arrangement etc. However, the above factors are constrained, to some extent, by weak legal status, low profit margin, exposure to price fluctuation risk, no proper books of accounts, exposure to receivable collection risk, no succession plan etc.
Mahmudul Hasan
[email protected]
RATIONALE
Entity Rating
CRISL-SME 3
Outlook: Stable
M/S RITU RICE AGENCY
ACTIVITY Trading Rice
COMMENCEMENT OF BUSINESS
The SME rating implies that entities rated in this category has adequate capacity to meet its financial obligation; however, risk factors may vary with possible changes in the economy and Govt. policies. CRISL also placed the organization with ‘Stable Outlook’ considering that its existing fundamentals may remain unchanged in the foreseeable future.
2.0
ENTITY PROFILE
M/s. Ritu Rice Agency (RRA) is a sole proprietorship rice trading business concern operated by Mr. Md. Mokter Hossain. Mr. Hossain is a reputed business personality having around 22 years of business experience. He has been involved with the trading business since 1990 having his own rice agency in Shimrail, Narayangong. The enterprise mainly procures rice from north bangle and sells the same to different wholesalers and retailers. In addition, he has a business unit named Mitu Rice Agency which is also involved in rice trading business. The business office of M/s Ritu Rice Agency is located at Hazi Ahsan Ullah Super Market, Chittagong Road, Siddhirgong, Narayangonj.
1990
3.0
OWNER’S PROFILE
PROPRIETOR Md. Mokter Hossain
Net worth Tk. 78.00 mil.
Sole Proprietorship business
Page 1 of 6
Owner’s Name Father’s Name Spouse’s Name Age Present Address Permanent Address Academic Qualification TIN No Trade License No National ID No Business Experience
: : : : : : : : : : :
Mr. Md. Mokter Hossain Hazi Rajjab Ali Sarker Taslima Begum 46 Hazi Ahsan Ullah Super Market, CTG-Road, Narayanganj P.O./P.S: 1430, Siddirganj, Dist: Narayangang Below SSC 019022260/N/2 3249/2010/11 6725811591536 22 years
