QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Second Quarter, 2019)
01 April 2019 to 30 June 2019
| SL. No. | Name of Company | Type of Company | Rating Date | Long Term Rating | Expiry Date | Short Term Rating |
|---|---|---|---|---|---|---|
| 1 | Mamico Ltd | Corp | 1-Apr-19 | A | 31-Mar-20 | ST-3 |
| 2 | AC Bazar Industries Ltd | Corp | 2-Apr-19 | BBB | 1-Apr-20 | ST-3 |
| 3 | M/S ABM Water Company | Corp | 2-Apr-19 | A | 1-Apr-20 | ST-3 |
| 4 | Tajarat Feed Mills Ltd. | Corp | 2-Apr-19 | A- | 1-Apr-20 | ST-3 |
| 5 | Tajarat Health Care Marketing Ltd. | Corp | 2-Apr-19 | BBB+ | 1-Apr-20 | ST-3 |
| 6 | Tajarat Animal Care Ltd. | Corp | 2-Apr-19 | A- | 1-Apr-20 | ST-2 |
| 7 | Imran Enterprise Ltd. | Corp | 2-Apr-19 | BBB | 1-Apr-20 | ST-3 |
| 8 | Rishal Garments Limited | Corp | 3-Apr-19 | BBB | 2-Apr-20 | ST-3 |
| 9 | GPH Power Generation Limited | Corp | 3-Apr-19 | A- | 2-Apr-20 | ST-2 |
| 10 | M/S Kafil & Brothers | Corp | 4-Apr-19 | BBB- | 3-Apr-20 | ST-3 |
| 11 | General Properties Ltd. | Corp | 7-Apr-19 | BBB | 6-Apr-20 | ST-3 |
| 12 | Gazi Auto Rice Limited | Corp | 7-Apr-19 | A+ | 6-Apr-20 | ST-2 |
| 13 | Electro Process (Pvt) Ltd. | Corp | 8-Apr-19 | BBB | 7-Apr-20 | ST-3 |
| 14 | Sharoj Garments Ltd. | Corp | 8-Apr-19 | BBB | 7-Apr-20 | ST-3 |
| 15 | R.B Steel Mill (Pvt) ltd. | Corp | 8-Apr-19 | BBB | 7-Apr-20 | ST-3 |
| 16 | RSH Textile Mills Limited | Corp | 9-Apr-19 | BBB+ | 8-Apr-20 | ST-3 |
| 17 | Baijeed Knit Garments Ltd. | Corp | 11-Apr-19 | BBB | 10-Apr-20 | ST-3 |
| 18 | M/S Universe Textile Limited | Corp | 11-Apr-19 | BBB | 10-Apr-20 | ST-3 |
| 19 | RV Electronics Industrise Ltd. | Corp | 15-Apr-19 | BBB | 14-Apr-20 | ST-3 |
| 20 | Ployexprint Limited | Corp | 15-Apr-19 | BBB+ | 14-Apr-20 | ST-3 |
| 21 | MAP Agro industries Ltd. | Corp | 15-Apr-19 | BBB | 14-Apr-20 | ST-3 |
| 22 | Web Coasts Limited | Corp | 15-Apr-19 | BBB- | 14-Apr-20 | ST-3 |
| 23 | Army Medical College Bogra | Corp | 15-Apr-19 | A- | 14-Apr-20 | ST-3 |
| 24 | Bengal Biscuits Ltd. | Corp | 16-Apr-19 | BBB+ | 15-Apr-20 | ST-3 |
| 25 | Empiric Attires Ltd | Corp | 16-Apr-19 | BBB+ | 15-Apr-20 | ST-3 |
| 26 | Shadharan Bima Corporation | Corp | 16-Apr-19 | AAA | 15-Apr-20 | ST-1 |
| 27 | M/S Shah Alam Enterprise | Corp | 16-Apr-19 | BBB+ | 15-Apr-20 | ST-3 |
| 28 | M.M Spinning Mill Ltd | Corp | 17-Apr-19 | A | 16-Apr-20 | ST-2 |
| 29 | Patriot Spinning Mills Ltd | Corp | 17-Apr-19 | A | 16-Apr-20 | ST-3 |
| 30 | Naba Exports Ltd | Corp | 17-Apr-19 | BBB | 16-Apr-20 | ST-3 |
| 31 | Desh Consumer Products Ltd | Corp | 18-Apr-19 | BBB | 17-Apr-20 | ST-3 |
| 32 | M/S Invention Trading International | Corp | 21-Apr-19 | BBB | 20-Apr-20 | ST-3 |
| 33 | Meridian Finance & Investment Ltd | Corp | 21-Apr-19 | A+ | 20-Apr-20 | ST-2 |
| 34 | AAMRA Fashions (CEPZ) Ltd. | Corp | 21-Apr-19 | A- | 20-Apr-20 | ST-3 |
| 35 | MSA Textile Ltd | Corp | 21-Apr-19 | A- | 20-Apr-20 | ST-3 |
| 36 | Self Fashion Limited | Corp | 21-Apr-19 | BBB | 20-Apr-20 | ST-3 |
| 37 | BDT 500.00 million Non-Convertible Bond, Redemable Fixed Rate Corporate Bond By HR Textile Mills Limited | Bond | 23-Apr-19 | A | 22-Apr-20 | |
| 38 | KTG Auto Bricks LTd | Corp | 23-Apr-19 | BBB+ | 22-Apr-20 | ST-3 |
| 39 | Bangladesh Auto Industries Ltd | Corp | 24-Apr-19 | A | 23-Apr-20 | ST-2 |
| 40 | BDT 2000 million Non Convertible Fully Redeemable Coupon Bearing Bond Issued By GPS Fiance Company (BD) Ltd. | Bond | 25-Apr-19 | A | 24-Apr-20 | |
| 41 | Agro Industrial Trust | Corp | 25-Apr-19 | BBB+ | 24-Apr-20 | ST-3 |
| 42 | Pa wang Ceramic Industry Ltd | Corp | 25-Apr-19 | BBB+ | 24-Apr-20 | ST-3 |
| 43 | Top Spinning Mills (Pvt) Limited | Corp | 27-Apr-19 | BBB- | 26-Apr-20 | ST-3 |
| 44 | SK Trims & Industries | Corp | 28-Apr-19 | A | 27-Apr-20 | ST-2 |
| 45 | Beach auto Rice Industry Ltd. | Corp | 28-Apr-19 | BBB- | 27-Apr-20 | ST-4 |
| 46 | Rider Thread and Accessories Industries Ltd. | Corp | 28-Apr-19 | BBB | 27-Apr-20 | ST-3 |
| 47 | SWACO | NGO | 29-Apr-19 | BBB | 28-Apr-20 | ST-3 |
| 48 | M/S Autithi Filling Station | Corp | 29-Apr-19 | BBB- | 28-Apr-20 | ST-3 |
| 49 | AAMRA Resources Ltd. | Corp | 30-Apr-19 | A- | 29-Apr-20 | ST-3 |
| 50 | Jamuna Tyre and Rubber Industries Limited | Corp | 30-Apr-19 | BBB+ | 29-Apr-20 | ST-3 |
| 51 | Asha Jute Industries Ltd | Corp | 30-Apr-19 | BBB+ | 29-Apr-20 | ST-3 |
| 52 | Aamra Support Services Ltd. | Corp | 30-Apr-19 | BBB+ | 29-Apr-20 | ST-3 |
| 53 | M/S Sonali Traders | Corp | 30-Apr-19 | A- | 29-Apr-20 | ST-3 |
| 54 | Dhaka Hide & Skin | Corp | 2-May-19 | BBB+ | 1-May-20 | ST-3 |
| 55 | Sparkel Knit Composite Limited | Corp | 3-May-19 | BBB+ | 2-May-20 | ST-3 |
| 56 | Hoorain HTF Limited | Corp | 5-May-19 | BBB+ | 4-May-20 | ST-3 |
| 57 | Neo Printech (BD) Limited | Corp | 5-May-19 | BBB- | 4-May-20 | ST-3 |
| 58 | Bengal Roots Textile Ltd. | Corp | 5-May-19 | BBB+ | 4-May-20 | ST-3 |
| 59 | Paramount Textile Ltd | Corp | 5-May-19 | AA | 4-May-20 | ST-1 |
| 60 | Paromount Textile Secured Zero Coupon Bond | Bond | 5-May-19 | A | 4-May-20 | |
| 61 | Bangladesh Army University of Enginnering & Technology | Corp | 5-May-19 | A- | 4-May-20 | ST-3 |
| 62 | Farseeing Knit Composite Limited | Corp | 6-May-19 | A- | 5-May-20 | ST-3 |
| 63 | Good Day Apperals Ltd | Corp | 6-May-19 | BBB+ | 5-May-20 | ST-3 |
| 64 | Saima Samira Textile Mills Ltd. | Corp | 6-May-19 | BBB+ | 5-May-20 | ST-3 |
| 65 | ATMABISWAS | NGO | 8-May-19 | A | 7-May-20 | ST-2 |
| 66 | Voyagar Apperals Ltd | Corp | 8-May-19 | A- | 7-May-20 | ST-3 |
| 67 | Faisal spinning Mills Ltd. | Corp | 9-May-19 | A+ | 8-May-20 | ST-2 |
| 68 | Radiant Pharmacuticals Ltd | Corp | 12-May-19 | AA | 11-May-20 | ST-1 |
| 69 | Banglar Mela Sangstha | Corp | 12-May-19 | BBB | 11-May-20 | ST-3 |
| 70 | M/S J.M Enterprise | Corp | 12-May-19 | BBB | 11-May-20 | ST-3 |
| 71 | M/S Alsadi Trade International | Corp | 12-May-19 | BBB+ | 11-May-20 | ST-3 |
| 72 | M/S View Corporation | Corp | 12-May-19 | BBB+ | 11-May-20 | ST-3 |
| 73 | Mahashakti Trade International (Pvt) Ltd. | Corp | 12-May-19 | BBB | 11-May-20 | ST-3 |
| 74 | Bakhrabd Knit Industries Ltd. | Corp | 13-May-19 | BBB+ | 12-May-20 | ST-3 |
| 75 | Orient Button Limited | Corp | 13-May-19 | BBB | 12-May-20 | ST-3 |
| 76 | Roar Fashion Limited | Corp | 14-May-19 | BBB | 13-May-20 | ST-3 |
| 77 | Gulshan Shipping Mills Limited | Corp | 14-May-19 | BBB | 13-May-20 | ST-3 |
| 78 | Prime Islami Life Insurance Ltd | Insurance | 15-May-19 | A+ | 14-May-20 | ST-2 |
| 79 | M/S Shinu Agro Food Industries | Corp | 16-May-19 | BBB- | 15-May-20 | ST-3 |
| 80 | M/S Halda Fidheries Ltd. | Corp | 16-May-19 | BBB | 15-May-20 | ST-3 |
| 81 | Masa Transport Limited | Corp | 19-May-19 | BBB | 18-May-20 | ST-3 |
| 82 | Imperial Tea Estate Ltd. | Corp | 20-May-19 | BBB | 19-May-20 | ST-3 |
| 83 | PNL Water Management Ltd. | Corp | 20-May-19 | BBB- | 19-May-20 | ST-3 |
| 84 | Asset Management Ltd | Corp | 22-May-19 | A+ | 21-May-20 | ST-2 |
| 85 | Deluxium Trading Corporation | Corp | 22-May-19 | BBB | 21-May-20 | ST-3 |
| 86 | Pakiza Fabric Collection | Corp | 22-May-19 | BBB+ | 21-May-20 | ST-3 |
| 87 | Super Synthetic Ltd. | Corp | 22-May-19 | A | 21-May-20 | ST-3 |
| 88 | Alam Trading & Business House | Corp | 23-May-19 | BBB | 22-May-20 | ST-3 |
| 89 | M/S F.M Auto Flour Mill | Corp | 23-May-19 | BBB- | 22-May-20 | ST-3 |
| 90 | M/S F.M Auto Rice Mill | Corp | 23-May-19 | BBB- | 22-May-20 | ST-3 |
| 91 | Sylran Poultry Limited | Corp | 23-May-19 | BBB | 22-May-20 | ST-3 |
| 92 | Notherrn General Insurance Co Ltd | Insurance | 26-May-19 | AA | 25-May-20 | ST-1 |
| 93 | Desh Genral Insurance Co Ltd | Insurance | 26-May-19 | A+ | 25-May-20 | ST-3 |
| 94 | Jamuna Poly Silk Limited | Corp | 26-May-19 | BBB+ | 25-May-20 | ST-3 |
| 95 | M/S JN Trade International | Corp | 26-May-19 | BBB+ | 24-May-20 | ST-3 |
| 96 | Goldstar Shipping Line Ltd | Corp | 27-May-19 | BBB | 26-May-20 | ST-3 |
| 97 | Shepherd Consultant And Management Ltd. | Corp | 27-May-19 | BBB+ | 26-May-20 | ST-3 |
| 98 | M/S Patenga Packaging & Accessories Industies Ltd | Corp | 27-May-19 | BBB | 26-May-20 | ST-3 |
| 99 | M/S Islam Traders and Its Sister concern | corp | 29-May-19 | A- | 28-May-20 | ST-2 |
| 100 | Islami Bank Bangladesh Limited | Bank | 3-Jun-19 | AAA | 2-Jun-20 | ST-1 |
| 101 | Rony Deying & Finishing | Corp | 5-Jun-19 | BBB+ | 4-Jun-20 | ST-3 |
| 102 | Bank Al-Falah Limited ( Bangladesh Operation) | Bank | 6-Jun-19 | AA | 5-Jun-20 | ST-2 |
| 103 | Eastern Steel Mills Limited | Corp | 6-Jun-19 | BBB+ | 5-Jun-20 | ST-3 |
| 104 | BDT 7.500 Floating Rate Non-Convertible Subordinate Bond Issues by Pubali Bank Limited | Bond | 10-Jun-19 | AA- | 9-Jun-20 | |
| 105 | M/S Mahmmud Ali Sowdagar | Corp | 12-Jun-19 | BBB+ | 11-Jun-20 | ST-3 |
| 106 | Energy Pac Fashion | Corp | 12-Jun-19 | A | 11-Jun-20 | ST-2 |
| 107 | M/S Creative I & Its Sister Concerns | Corp | 12-Jun-19 | BBB | 11-Jun-20 | ST-3 |
| 108 | Parents Sweaters Limited | Corp | 16-Jun-19 | BBB | 15-Jun-20 | ST-3 |
| 109 | M/S Tasho Enterprise Limited | Corp | 16-Jun-19 | BBB | 15-Jun-20 | ST-3 |
| 110 | M/S M.A Ship Breaking Limited | Corp | 16-Jun-19 | BBB | 15-Jun-20 | ST-3 |
| 111 | Design Express Limited | Corp | 16-Jun-19 | BBB+ | 15-Jun-20 | ST-3 |
| 112 | M/S Fancy Fair Corporation | Corp | 16-Jun-19 | BBB | 15-Jun-20 | ST-3 |
| 113 | M/S Lineage Business House | Corp | 16-Jun-19 | BBB | 15-Jun-20 | ST-3 |
| 114 | M/S Sattar Metal Industries | Corp | 18-Jun-19 | A | 17-Jun-20 | ST-3 |
| 115 | M/S Motaleb Steel | Corp | 18-Jun-19 | BBB | 17-Jun-20 | ST-3 |
| 116 | Orchid Printers Limited | Corp | 18-Jun-19 | BBB | 17-Jun-20 | ST-3 |
| 117 | Union Bank Limited | Bank | 19-Jun-19 | A+ | 18-Jun-20 | ST-2 |
| 118 | NRB Global Bank | Bank | 19-Jun-19 | A+ | 18-Jun-20 | ST-2 |
| 119 | Bangladesh Machine Tools Factory Ltd. | Corp | 19-Jun-19 | AA+ | 18-Jun-20 | ST-1 |
| 120 | S.Alam Power Generation Limited | Corp | 20-Jun-19 | A- | 19-Jun-20 | ST-3 |
| 121 | M/S Abu Mohammed & Its Sister Concern | Corp | 20-Jun-19 | A- | 19-Jun-20 | ST-2 |
| 122 | The Bengal Electric Ltd. | Corp | 20-Jun-19 | A- | 19-Jun-20 | ST-3 |
| 123 | CSD Bangladesh | Corp | 20-Jun-19 | AA | 19-Jun-20 | ST-1 |
| 124 | M/S Super Timber | Corp | 20-Jun-19 | BBB | 19-Jun-20 | ST-3 |
| 125 | Pride Jute Mills Ltd | Corp | 23-Jun-19 | BBB | 22-Jun-20 | ST-3 |
| 126 | Geen Planet Resort Ltd | Corp | 24-Jun-19 | A+ | 23-Jun-20 | ST-2 |
| 127 | Dredge & Predging International Limited | Corp | 24-Jun-19 | BBB | 23-Jun-20 | ST-3 |
| 128 | Abu Mohammaod & Other Business Unit | Corp | 24-Jun-19 | BBB | 23-Jun-20 | ST-3 |
| 129 | AG Ceramics Ltd. | Corp | 25-Jun-19 | BBB+ | 24-Jun-20 | ST-3 |
| 130 | Hira Industries Ltd. | Corp | 25-Jun-19 | A | 24-Jun-20 | ST-2 |
| 131 | Bangladesh Commerce Bank Limited | Bank | 25-Jun-19 | BBB- | 24-Jun-20 | ST-4 |
| 132 | Meghan Bank Limited | Bank | 26-Jun-19 | A+ | 25-Jun-20 | ST-2 |
| 133 | M/S Tayab and Brothers | Corp | 26-Jun-19 | BBB | 23-Jun-20 | ST-3 |
| 134 | M/S Royal Enterprise | Corp | 26-Jun-19 | BBB | 23-Jun-20 | ST-3 |
| 135 | BLU International Ltd. | Corp | 26-Jun-19 | BBB- | 25-Jun-20 | ST-3 |
| 136 | M/S Mountain Business Center | Corp | 26-Jun-19 | BBB | 25-Jun-20 | ST-3 |
| 137 | M/S Precious Trade Center | Corp | 26-Jun-19 | BBB | 25-Jun-20 | ST-3 |
| 138 | M/S Petal Trade | Corp | 26-Jun-19 | BBB | 25-Jun-20 | ST-3 |
| 139 | M/S Shahjahan Enterprise | Corp | 26-Jun-19 | BBB | 25-Jun-20 | ST-3 |
| 140 | MT Trading Company | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 141 | Meghna Construction | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 142 | Insunt Corporation | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 143 | Asian International | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 144 | Glorious Expose Trade | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 145 | M/S Abdul Awal & Sons | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 146 | Chowdhury & Hossain Trade Link | Corp | 27-Jun-19 | A- | 26-Jun-20 | ST-3 |
| 147 | Saftan Trade International | Corp | 27-Jun-19 | A- | 26-Jun-20 | ST-3 |
| 148 | Chowdhury Business House | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 149 | M/S Murad Enterprise | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 150 | M/S G.M Enterprise | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 151 | Annex Business Corner | Corp | 27-Jun-19 | BBB+ | 26-Jun-20 | ST-3 |
| 152 | M/S Dignity Buisness House | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 153 | M/S Orchid International | Corp | 27-Jun-19 | A- | 26-Jun-20 | ST-3 |
| 154 | M/S Banijja Bitan Corporation | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 155 | M/S Musa Enterprise | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 156 | M/S Globe Traders | Corp | 27-Jun-19 | BBB+ | 26-Jun-20 | ST-3 |
| 157 | M/S United Super Traders | Corp | 27-Jun-19 | BBB+ | 26-Jun-20 | ST-3 |
| 158 | M/S Taher Trading Corporation | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 159 | M/S Hayat Trading | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 160 | M/S Masud Trading | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 161 | Unique Trade & Business House | Corp | 27-Jun-19 | BBB+ | 26-Jun-20 | ST-3 |
| 162 | M/S Momentum Enterprise | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 163 | M/S Star Bright International | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 164 | M/S Green Expose Traders | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 165 | Delegate Trade International | Corp | 27-Jun-19 | BBB | 26-Jun-20 | ST-3 |
| 166 | East West Chemicals Limited | Corp | 27-Jun-19 | A- | 26-Jun-20 | ST-3 |
| 167 | The Orbital ( BD) Limited | Corp | 27-Jun-19 | A | 26-Jun-20 | ST-3 |
| 168 | Vegan Agro ltd. | Corp | 27-Jun-19 | BBB+ | 26-Jun-20 | ST-3 |
| 169 | Nawab Auto Rice & Feed Mill | Corp | 27-Jun-19 | A | 26-Jun-20 | ST-2 |
| 170 | NCC Bank Non-Convertible Subordinated Bond | Bond | 27-Jun-19 | AA- | 26-Jun-20 | |
| 171 | M/S Shadinata Tower | Corp | 28-Jun-19 | A | 27-Jun-20 | ST-3 |
| 172 | Trust Transport Services | Corp | 28-Jun-19 | A- | 27-Jun-20 | ST-3 |
| 173 | M/S MH Trading | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 174 | M/S Agrani Trading | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 175 | M/S Huda Enterprise | Corp | 30-Jun-19 | A- | 29-Jun-20 | ST-3 |
| 176 | Imperial Corporation | Corp | 30-Jun-19 | A- | 29-Jun-20 | ST-3 |
| 177 | Life Line Trade Center | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 178 | Green Castle Trading House | Corp | 30-Jun-19 | BBB+ | 29-Jun-20 | ST-3 |
| 179 | Rahman Jute Spinners Ltd. | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 180 | M/S Reasonable Traders | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 181 | M/S Jas Trading | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 182 | Social Trade Center | Corp | 30-Jun-19 | BBB | 29-Jun-20 | ST-3 |
| 183 | M/S Ansar Enterprise | Corp | 30-Jun-19 | BBB- | 29-Jun-20 | ST-3 |
| 184 | M/S Giash Corporation | Corp | 30-Jun-19 | BBB+ | 29-Jun-20 | ST-3 |
| 185 | Innovation Trade | Corp | 30-Jun-19 | BBB+ | 29-Jun-20 | ST-3 |
| 186 | Agrani Bank Limited | Bank | 30-Jun-19 | A | 29-Jun-20 | ST-2 |
| 187 | Dakhina Real Estate ( Pvt) Limited | Corp | 30-Jun-19 | BBB+ | 29-Jun-20 | ST-3 |