QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Third Quarter, 2017)
01 July 2017 to 30 September 2017
| SL. No. | Name of Company | Rating Date | Long Term Rating | Expiry Date | Short Term Rating |
|---|---|---|---|---|---|
| 1 | Dignity Business House | 2-Jul-17 | BBB | 1-Jul-18 | ST-3 |
| 2 | M/S Millionaire Trading House | 2-Jul-17 | A- | 1-Jul-18 | ST-3 |
| 3 | Emdad Etima Spinning Mills Ltd. | 2-Jul-17 | A | 1-Jul-18 | ST-2 |
| 4 | Eque Paper Mills Ltd. | 3-Jul-17 | BBB+ | 2-Jul-18 | ST-3 |
| 5 | Mayer Doya Auto Rice Mills Limited | 4-Jul-17 | BBB | 3-Jul-18 | ST-3 |
| 6 | Banga Plastic International Limited | 4-Jul-17 | A- | 3-Jul-18 | ST-3 |
| 7 | Yassma Knitting & Dyeing Limited | 5-Jul-17 | BBB | 4-Jul-18 | ST-3 |
| 8 | Thermax Yarn Dyed Fabrics Limited | 6-Jul-17 | BBB+ | 5-Jul-18 | ST-3 |
| 9 | Thermax Check Fabrics Limited | 6-Jul-17 | BBB+ | 5-Jul-18 | ST-3 |
| 10 | Greenland Pharmaceuticals Limited | 7-Jul-17 | BBB | 6-Jul-18 | ST-3 |
| 11 | G.N. Cotton Spinning Mills Limited | 9-Jul-17 | A- | 8-Jul-18 | ST-3 |
| 12 | Holodia Mohila Unnayan Sangstha | 9-Jul-17 | BBB+ | 8-Jul-18 | ST-3 |
| 13 | Programmes For peoples Development | 11-Jul-17 | BBB | 10-Jul-18 | ST-3 |
| 14 | M/S Nazma Trading Corporation | 12-Jul-17 | BBB | 11-Jul-18 | ST-3 |
| 15 | Moon Light Health & Hygiene (pvt) Ltd. | 12-Jul-17 | BBB+ | 11-Jul-18 | ST-3 |
| 16 | Hye Agro Food Industries Limited | 12-Jul-17 | A- | 11-Jul-18 | ST-2 |
| 17 | Chittagong Logistics Limited | 12-Jul-17 | A | 11-Jul-18 | ST-3 |
| 18 | M/S Finetex | 13-Jul-17 | BBB | 12-Jul-18 | ST-3 |
| 19 | Multimax International Limited | 16-Jul-17 | BBB | 15-Jul-18 | ST-3 |
| 20 | Elco Wires & Cables Limited | 16-Jul-17 | A | 15-Jul-18 | ST-3 |
| 21 | Golden Harvest Ice Cream Limited | 16-Jul-17 | A | 15-Jul-18 | ST-2 |
| 22 | M/S Janata Oil Mills | 16-Jul-17 | BBB | 15-Jul-18 | ST-3 |
| 23 | M/S Janata Flour Mills | 16-Jul-17 | BBB+ | 15-Jul-18 | ST-3 |
| 24 | Dhaka Beijing Dyeing & Wearing Industry Limited | 16-Jul-17 | BBB+ | 15-Jul-18 | ST-3 |
| 25 | AWR Real Estate Limited | 18-Jul-17 | A- | 17-Jul-18 | ST-2 |
| 26 | AWR Developments Limited | 18-Jul-17 | A | 17-Jul-18 | ST-2 |
| 27 | Badar Spinning Mills Limited | 18-Jul-17 | BBB+ | 17-Jul-18 | ST-3 |
| 28 | East West Chemicals Limited | 20-Jul-17 | BBB | 19-Jul-18 | ST-3 |
| 29 | Naheen Feed Mills | 20-Jul-17 | BBB | 19-Jul-18 | ST-3 |
| 30 | Sun Dairy & Agro Products Limited | 20-Jul-17 | BBB+ | 19-Jul-18 | ST-3 |
| 31 | Alook Refrigeration Company Limited | 20-Jul-17 | A- | 19-Jul-18 | ST-3 |
| 32 | Ifad Enterprise Limited | 24-Jul-17 | BB+ | 23-Jul-18 | ST-4 |
| 33 | M/S Hatnaya Auto Rice Mill | 24-Jul-17 | BBB | 23-Jul-18 | ST-3 |
| 34 | Radiant Business Consortium Limited | 25-Jul-17 | A+ | 24-Jul-18 | ST-2 |
| 35 | Echo Trader Center | 26-Jul-17 | BBB+ | 25-Jul-18 | ST-3 |
| 36 | M/S Faroque Auto Rice Mill | 27-Jul-17 | BBB | 26-Jul-18 | ST-3 |
| 37 | Rupshi Fish Feed Limited | 27-Jul-17 | BBB | 26-Jul-18 | ST-3 |
| 38 | Shamrat Agro Ltd. | 27-Jul-17 | BBB | 26-Jul-18 | ST-3 |
| 39 | Popular Poultry & Fish Feeds Ltd | 28-Jul-17 | BBB+ | 27-Jul-18 | ST-3 |
| 40 | BDT 5000 million Non Convertible Subordinated Unsecured Floating Rate Bond for Southeast Bank Limited | 30-Jul-17 | AA- | 29-Jul-18 | |
| 41 | Shamrat Feed Mills Limited | 30-Jul-17 | BBB | 29-Jul-18 | ST-3 |
| 42 | Mabud Trading Corporation | 30-Jul-17 | A- | 29-Jul-18 | ST-3 |
| 43 | M/S Innovation Trade | 30-Jul-17 | BBB+ | 29-Jul-18 | ST-3 |
| 44 | M/S Jishan Enterprise & M/S Arni Trade International | 31-Jul-17 | A- | 30-Jul-18 | ST-3 |
| 45 | North Bengal Jute Mills (Pvt.) Ltd. | 31-Jul-17 | BB | 30-Jul-18 | ST-5 |
| 46 | M/S Siraj Traders & M/S Siraj Caleder & Mercerizing Mill | 31-Jul-17 | BBB+ | 30-Jul-18 | ST-3 |
| 47 | M/S Z.H Enterprise | 1-Aug-17 | BBB | 31-Jul-18 | ST-3 |
| 48 | Jointex Knitwear Ltd. | 1-Aug-17 | BBB+ | 31-Jul-18 | ST-3 |
| 49 | Pro Makers Sweater Industries Ltd. | 2-Aug-17 | BBB+ | 1-Aug-18 | ST-3 |
| 50 | M/S MKB Corporation | 3-Aug-17 | BBB | 2-Aug-18 | ST-3 |
| 51 | Metropoliton Medical Centre Ltd | 3-Aug-17 | BBB+ | 2-Aug-18 | ST-3 |
| 52 | Mirza Jute Millls Ltd. | 6-Aug-17 | BBB+ | 5-Aug-18 | ST-3 |
| 53 | Noor Alam Exim Industries Ltd. | 6-Aug-17 | BBB | 5-Aug-18 | ST-3 |
| 54 | Universal Refinary Pvt. Ltd. | 9-Aug-17 | BBB | 8-Aug-18 | ST-3 |
| 55 | Genex Infosys Ltd. | 10-Aug-17 | A | 9-Aug-18 | ST-2 |
| 56 | M/S Bayezid Biswas | 10-Aug-17 | A- | 9-Aug-18 | ST-2 |
| 57 | Noor E Modina Timber | 13-Aug-17 | BBB | 12-Aug-18 | ST-3 |
| 58 | BBC Steel | 16-Aug-17 | BBB | 15-Aug-18 | ST-3 |
| 59 | Hera Sweater Limited | 17-Aug-17 | BBB | 16-Aug-18 | ST-3 |
| 60 | M/S PHM Business Link | 17-Aug-17 | BBB- | 16-Aug-18 | ST-3 |
| 61 | Republic Insurance Company Limited | 20-Aug-17 | A+ | 19-Aug-18 | ST-2 |
| 62 | Sorna Trading Corporation | 20-Aug-17 | BBB | 19-Aug-18 | ST-3 |
| 63 | Shakera Agro Ltd. | 20-Aug-17 | BBB | 19-Aug-18 | ST-3 |
| 64 | Alfa Patterns (Bangladesh) Limited | 20-Aug-17 | BB+ | 19-Aug-18 | ST-4 |
| 65 | M/S Kisholoy Engineering | 21-Aug-17 | BBB | 20-Aug-18 | ST-3 |
| 66 | Habib Enterprise | 21-Aug-17 | BBB+ | 20-Aug-18 | ST-3 |
| 67 | Habib Assets Limited | 21-Aug-17 | BBB | 20-Aug-18 | ST-3 |
| 68 | Nobabee Footwear Limited | 21-Aug-17 | BBB | 20-Aug-18 | ST-3 |
| 69 | M/S Shushama Feed Mill | 21-Aug-17 | BBB | 20-Aug-18 | ST-3 |
| 70 | Kabico Foods Ltd. | 21-Aug-17 | BBB | 20-Aug-18 | ST-3 |
| 71 | Plummy Fashions Limited | 21-Aug-17 | A | 20-Aug-18 | ST-2 |
| 72 | M/S Queeny | 22-Aug-17 | BBB | 21-Aug-18 | ST-3 |
| 73 | Mirza Auto Rice Mills Limited | 22-Aug-17 | BBB+ | 21-Aug-18 | ST-3 |
| 74 | Provita Breeeders :Limited | 22-Aug-17 | A | 21-Aug-18 | ST-2 |
| 75 | M/S Flair Electronics | 22-Aug-17 | BBB+ | 21-Aug-18 | ST-3 |
| 76 | M/S Shahidul Hoque Molla | 23-Aug-17 | A- | 22-Aug-18 | ST-3 |
| 77 | Sonnet Fashion Limited | 23-Aug-17 | BBB | 22-Aug-18 | ST-3 |
| 78 | Development Activities of Society (DAS) | 24-Aug-17 | BBB | 23-Aug-18 | ST-3 |
| 79 | Mirza Woven Bag (Pvt) Ltd | 24-Aug-17 | BBB+ | 23-Aug-18 | ST-3 |
| 80 | Ornate Vertical Blind Ltd. | 24-Aug-17 | BBB- | 23-Aug-18 | ST-3 |
| 81 | Agrani Insurance Company Limited | 27-Aug-17 | AA- | 26-Aug-18 | ST-2 |
| 82 | Karnaphuli Insurance Company Limited | 27-Aug-17 | AA- | 26-Aug-18 | ST-2 |
| 83 | Star Consultants & Engineering Limited | 27-Aug-17 | A- | 26-Aug-18 | ST-3 |
| 84 | M/S Redwan Trade International | 28-Aug-17 | A | 27-Aug-18 | ST-2 |
| 85 | Sodical Chemicals Limited | 28-Aug-17 | BBB+ | 27-Aug-18 | ST-3 |
| 86 | Euro Bangla Associates | 28-Aug-17 | BBB+ | 27-Aug-18 | ST-3 |
| 87 | Provita Hatcheries Limited | 29-Aug-17 | A | 28-Aug-18 | ST-2 |
| 88 | M/S Vision Meditech | 29-Aug-17 | A- | 28-Aug-18 | ST-3 |
| 89 | Sharoj Garments Ltd. | 30-Aug-17 | BBB | 29-Aug-18 | ST-3 |
| 90 | Saad Musa Hometex & Clothing Limited | 31-Aug-17 | A- | 30-Aug-18 | ST-3 |
| 91 | Jasika Trade International Ltd. | 4-Sep-17 | BBB | 3-Sep-18 | ST-3 |
| 92 | M.A Rahman Dyeing Industries Limited | 4-Sep-17 | A | 3-Sep-18 | ST-3 |
| 93 | R.R. Spinning & Cotton mills Ltd. | 7-Sep-17 | BBB | 6-Sep-18 | ST-3 |
| 94 | Alim Industries | 7-Sep-17 | BBB- | 6-Sep-18 | ST-3 |
| 95 | M/S Zaman Brothers | 10-Sep-17 | BBB | 9-Sep-18 | ST-3 |
| 96 | Sonali Fabrics & Textiles Mills Ltd. | 11-Sep-17 | A | 10-Sep-18 | ST-2 |
| 97 | Sonali Trade International | 11-Sep-17 | A- | 10-Sep-18 | ST-3 |
| 98 | Blue Planet Sweater Ltd. | 12-Sep-17 | A- | 11-Sep-18 | ST-3 |
| 99 | Polka Dot Fashion | 12-Sep-17 | BBB+ | 11-Sep-18 | ST-3 |
| 100 | M/S Patriot Spinning Mills Limited | 12-Sep-17 | A | 11-Sep-18 | ST-3 |
| 101 | M/S Razzak Traders | 13-Sep-17 | BBB | 12-Sep-18 | ST-3 |
| 102 | Hotel Sarina Limited | 13-Sep-17 | BBB+ | 12-Sep-18 | ST-3 |
| 103 | A.K. Oxygen Ltd. | 14-Sep-17 | A | 13-Sep-18 | ST-3 |
| 104 | Desh General Insurance Company Limited | 17-Sep-17 | A+ | 16-Sep-18 | ST-3 |
| 105 | R.B. Agro Ltd. | 17-Sep-17 | BBB | 16-Sep-18 | ST-3 |
| 106 | Greensoil Auto Bricks Limited | 17-Sep-17 | BBB+ | 16-Sep-18 | ST-3 |
| 107 | M/S Friends Traders | 17-Sep-17 | A- | 16-Sep-18 | ST-3 |
| 108 | Global Asset Limited | 19-Sep-17 | BBB+ | 18-Sep-18 | ST-3 |
| 109 | M/S Atik Auto Rice Mill | 19-Sep-17 | BBB+ | 18-Sep-18 | ST-3 |
| 110 | Atahar Ali Auto Rice Mills Ltd. | 20-Sep-17 | BBB | 19-Sep-18 | ST-3 |
| 111 | M/S Atahar Ali | 20-Sep-17 | BBB | 19-Sep-18 | ST-3 |
| 112 | Classic Concept Fashion Ltd. | 20-Sep-17 | BB+ | 19-Sep-18 | ST-4 |
| 113 | F.R Jute Mills Limited | 20-Sep-17 | BBB | 19-Sep-18 | ST-3 |
| 114 | Sky Capital Airlines Limited | 22-Sep-17 | A | 21-Sep-18 | ST-3 |
| 115 | Ambient Steel BD Ltd. | 24-Sep-17 | A- | 23-Sep-18 | ST-3 |
| 116 | Sharif Pharmaceuticals Ltd. | 24-Sep-17 | A | 23-Sep-18 | ST-3 |
| 117 | FR Jute Trading Co.Ltd. | 25-Sep-17 | BBB | 24-Sep-18 | ST-3 |
| 118 | M/S Mannan CNG Filling Station | 25-Sep-17 | BBB+ | 24-Sep-18 | ST-3 |
| 119 | M/S A.Z Traders | 27-Sep-17 | BBB | 26-Sep-18 | ST-3 |
| 120 | Rose Café Bangladesh Ltd. | 27-Sep-17 | A- | 26-Sep-18 | ST-3 |
| 121 | Jaroms Industries Limited | 27-Sep-17 | BBB | 26-Sep-18 | ST-3 |
| 122 | IIDFC Securirties Limited | 27-Sep-17 | A- | 26-Sep-18 | ST-3 |
| 123 | Sonnet Textile Industries Limited | 28-Sep-17 | BBB+ | 27-Sep-18 | ST-3 |
| 124 | Gloria Electrical Industries | 28-Sep-17 | BBB+ | 27-Sep-18 | ST-3 |
| 125 | Popular Medical Center Limited | 28-Sep-17 | BBB+ | 27-Sep-18 | ST-3 |
| 126 | Virgo Tobacco Ltd. | 28-Sep-17 | A- | 27-Sep-18 | ST-3 |
| 127 | Virgo MH Limited | 28-Sep-17 | A- | 27-Sep-18 | ST-3 |
| 128 | Gimex Clothing Ltd. | 30-Sep-17 | A- | 29-Sep-18 | ST-3 |