OUR INTERNATIONAL PARTNERS

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 REPORT- NOOR EXPORT
Report Delivered Date: October 17, 2024 Currency: Indian Rupee (INR)
Today’s Exchange Rate: INR 1 = USD 0.012008

REPORT AT A GLANCE
BASIC INFORMATION
Company Name NOOR EXPORT
Address Near D.I.E.T., Kurmail, Village Road, Kamarpara, Balurghat, Dakshin
Dinajpur 733153, West Bengal
Legal Form Sole Proprietorship Concern
Year of Establishment 2021

BRIEF OPERATION NATURE

Nature of Industry Diversified Products
Business Category Trader / Exporter / Wholesaler / Distributor
Product Descriptions Artificial Stone, Seed, Colza Seeds, Whether Rape, Colza Seeds,
Rapeseed, Titles, Flagstones, Bricks, Similar Articles, Building Blocks
and Cement Bricks, Quartz, Artificial Marble and Solid Surface,
Porotherm Smart Bricks, Fire Bricks, Jhama Bricks, Hollow Bricks Etc.
Number of Employees Approx. 9

FINANCIAL SUMMARY(APPROX.)
Proprietorship/Partnership firm in India are not required to make any public disclosure of their annual financials or file it with the registry
(relevant authority). Therefore, no financials are available for the subject with the registry.
It is advisable to seek copies of Audited Financial Statements or Returns submitted with the fiscal authorities from the subject before
extending any facility.

RATINGS / RISK INDEX / PAYMENT TREND / SCORES

Credit Rating Credit Recommendation

57 Secure Credit

Risk: Medium Payment Trend : Normal

SUMMARIZED COMMENTS
Business Dealings subject to taking normal precaution are recommended.

DETAILED REPORT
INQUIRY DETAILS
Ordered Date October 17, 2024

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 Enquired Details Investigation Details
Name M/S NOOR EXPORT Same as Enquired
Address REGD. OFF VILL KURMAIL, PO. KAMARPARA, P.S. BALURGHAT, Incomplete Registered Office / Plant
DIST. DAKSHIN DINAJPUR(WEST BENGAL) INDIA Address

COMPANY IDENTIFICATION DETAILS

Correct Name of Company : NOOR EXPORT
Registered Office : Near D.I.E.T., Kurmail, Village Road, Kamarpara, Balurghat, Dakshin
Dinajpur 733153, West Bengal
City/ Province : West Bengal
Contact Person : Mr. Ashif Ali Nur (Owner/Proprietor)
Mobile Number : +91 3522264294
Email Address : [email protected]
Website : N/A

OFFICIAL COMPANY DATA

Legal Form : Sole Proprietorship Concern
Year of Establishment : 2021
Number of Employees : Approx. 9
License Status : License exists-Normal
Operational Status of Business : Normal
Financial Types : NA
Company Status : Active

OTHER LICENSES DETAILS

Issuing Authority : Income Tax Department
License Name : Permanent Account No (PAN)
License Number : BRZPN3054Q

Issuing Authority : Central Board of Indirect Taxes and Customs

License Name : Goods and Services Tax (GST)
License Number : 19BRZPN3054Q1ZL
License Date : March 25, 2021

Issuing Authority : Directorate General Of Foreign Trade

License Name : Import Export Code (IEC)
License Number : BRZPN3054Q

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 REGULATORY CHECKS STATUS
Reserve Bank of India (RBI) : Nil as per Public Records
Central Bureau of Investigation (CBI) : Nil as per Public Records
Securities and Exchange Board of India (SEBI) : Nil as per Public Records
Debt Recovery Tribunals (DRT) : Nil as per Public Records
BIFR Status : Nil as per Public Records
Corruption/ Money Laundering / Terrorism Activities : Nil as per Public Records
TransUnion CIBIL Limited : Nil as per Public Records
National Company Law Tribunal (NCLT) : Nil as per Public Records

Note: Nil entries imply that no information / record is found in respect of the subject.

NATURE OF BUSINESS
Business Activity : To carry on the business as a trader exporter wholesaler and
distributor of diversified products
Product Descriptions : Artificial Stone, Seed, Colza Seeds, Whether Rape, Colza Seeds,
Rapeseed, Titles, Flagstones, Bricks, Similar Articles, Building Blocks
and Cement Bricks, Quartz, Artificial Marble and Solid Surface,
Porotherm Smart Bricks, Fire Bricks, Jhama Bricks, Hollow Bricks Etc.

BANKS & NON-BANKING FINANCIAL INSTITUTIONS

Bankers & Non-Banking Financial Institutions : HDFC BANK LIMITED
Branch: KOLKATA
SWIFT: HDFCINBBCAL

KEY EXECUTIVES / MANAGEMENT TEAM

Name : Mr. Ashif Ali Nur
Designation : Owner/Proprietor
Contact No. : +91 3522264294
ID No. : BRZPN3054Q

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 SHAREHOLDING PATTERN
Description % Share Holding
Mr. Ashif Ali Nur 100 %

OTHER COMPANY DETAILS

Office Location : Industrial Area
Number of Employees : Approx. 9
Purchasing Terms Domestic : Cash on delivery (COD), Letter of credit (L/C), Documents against
Payments (D/P), Demand on Draft (D/D), Real- time gross settlement
(RTGS).
Selling Terms Domestic : Cash on delivery (COD), Letter of credit (L/C), Documents against
Payments (D/P), Demand on Draft (D/D), Real- time gross settlement
(RTGS).
Selling Terms International : Letter of Credit (At-sight) Telegraphic Transfer (T/T) - Received at
time of transaction.
Exports are Made to : Bangladesh

FINANCIAL HIGHLIGHTS (APPROX.)

Proprietorship/Partnership firm in India are not required to make any public disclosure of their annual financials or file it with the registry
(relevant authority). Therefore, no financials are available for the subject with the registry. However, above mentioned financials ware
obtained from other source for reference purposes only.
It is advisable to seek copies of Audited Financial Statements or Returns submitted with the fiscal authorities from the subject before
extending any facility.

REPUTATION
NOOR EXPORT maintains a satisfactory reputation in the local market.

INTERVIEW DETAILS
Our representative conducted an interview of Mr. Ashif Ali Nur (Owner/Proprietor), who reconfirmed the data/ information provided in the
report.

The data/ information gathered from various sources including but not limited to Registry search wherever possible, interview etc. should be
used as points for reference only.

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 RATING BY CREDIT RATING AGENCIES
No record found as not rated by Credit Rating Agencies.

PAYMENT RECORDS / HABITS

Payment Trend: Normal

Indicator in Poor Zone (P): Poor

Stricter (preferably secured) payment terms and close supervision of the account recommended.

Indicator in Normal Zone (N): Normal

Generally adheres to payment schedule but needs reminders for payment.

Indicator in Good Zone (G): Good

Will need follow up from time to time

Indicator in Strong Zone (S): Strong

Likely to adhere to payment Schedule on its own.

The payment behavior gauge indicates how fast the subject may pay its creditors based on information provided to MNS from its trade
payment programme, county courts and financial statements

CREDIT EVALUATION

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 Payment Trend: Normal

Risk: Medium

Rating: SATISFACTORY
Points Allocated: 57

CREDIT RATING EXPLANATION

MNS, after analysis of following key parameters, has assigned Medium under Risk Category and 57/100, (SATISFACTORY) under Credit Rating
category.
Key Parameters:
1 Financial Status covering various ratios, particularly liquidity ratios
2 Turnover / Profitability / Cash Flows / Cash Profit
3 Assets- Nature, Class & Quality
4 Liabilities- Nature & Class including Bank facilities
5 Promoters / Management Background
6 Operations Size
7 Payment Track Record
8 Litigations against the subject
9 Industry Scenario / Competitive Strength
10 Market Reputation / Perception

Risk Status
High 76-100

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 Medium 51-75
Normal 26-50
Low 0-25

Rating Status
AA
Excellent 76-100
A
Good 60-75
BB
Satisfactory 51-59
B
Average 26-50
C
Not Satisfactory 0-25
D
Newly Incorporated New Incorporation / Insufficient Data
E
Not Rated Rating Suspended

Rating Status -Explanation

AA-Excellent : Subject company is operating at efficient level with sound financial standing and other favourable factors;
therefore business dealings subject to taking normal precautions are absolutely safe and recommended.
A-Good : Subject company is operating satisfactorily with good financial standing and other parameters; therefore
business dealings of reasonable amount, subject to taking all precautions are safe and recommended.
BB-Satisfactory : Subject company is operating at reasonably satisfactory level with moderate financial standing and other
parameters; therefore business dealings subject to taking normal precautions are recommended.
B-Average : Subject company is operating at an average level with moderate financial standing and other parameters;
therefore it is recommended to have preferably normal business dealings.
C-Not Satisfactory : Subject company is not operating satisfactorily; therefore it is recommended to have only secured business
dealings against collateral security.
D-Newly Incorporated : Subject company has been recently established, therefore it is recommended to have secured business dealings
against collateral security, having proper mortgageability / realisability.
E-Not Rated : Rating Suspended
Dormant : Subject company is dormant; therefore it is recommended, not to have business dealings in the normal course
except when liquid securities are available or credit is under irrevocable letter of credit.
Untraceable : Need additional information to locate and further investigate on the subject company.

Note: The credit rating status depends upon all parameters disclosed above, thereby explanation varies from case to case basis.

CREDIT RECOMMENDATION
Credit Limit: Secure Credit Limit

LITIGATION SEARCH (LAST 3 YEARS)

Supreme court of India
Status : Nil as per Public Records
Case No. : N.A
Petitioner : N.A
Filing Date : N.A
Category : N.A

High Court of Calcutta:

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Status : Nil as per Public Records
Case No. : N.A
Petitioner : N.A
Filing Date : N.A
Category : N.A

PRESS/MEDIA/NEWS
Source From Status
Times of India Nil as per Public Records
Indian Express Nil as per Public Records
Bartaman Nil as per Public Records
Anandabazar Patrika Nil as per Public Records

INDUSTRY SCENARIO
India has emerged as the fastest growing major economy in the world and is expected to be one of the top three economic powers of the
world over the next 10-15 years, backed by its strong democracy and partnerships. Indian Economy is expected to grow 7.1% in 2019-20 and
gross domestic product (GDP) is expected to reach US$ 6 trillion by Fy2027. India is an attractive hub for foreign investments in the
manufacturing sector. India's Foreign Direct Investment (FDI) equity inflows reached US$ 409.15 billion between April 2000 and December
2018. Several companies have set up or are looking to establish their manufacturing bases in the country.

The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025 and India is expected to rank amongst the top three
growth economies and manufacturing destination of the world by the year 2020. The implementation of the Goods and Services Tax (GST)
will make India a common market with a GDP of US$ 2.5 trillion along with a population of 1.32 billion people, which will be a big draw for
investors. Machine tool sector is a basic capital good industry. It is a sub-sector of the engineering industry included under the category heavy
engineering units. Machine tool segment produces mother machines therefore plays a vital role in the technological upgradation, quality
control and cost in the engineering & manufacturing sector. The Indian machine tool industry is expected to grow at a CAGR of 12.6% by 2020
and is expected to reach USD 2,588 million. As per the Gardner Business Media survey 2017, India stands 12th in production and 8th in
consumption of machine tools in world. With emphasis on Make in India and manufacturing, India is set become a key player in the global
machine tools industry and is expected to see significant growth in high-end machine tool manufacturing.

There are currently about 1000 units in production of machine tools, accessories/attachments, subsystems and parts. Of these, around 25 in
the largescale sector accounts for 70% of the turnover and the rest are in the MSME sector of the industry. The large organized players caters
to India's heavy and medium industries whereas the small scale sector meets the demand of ancillary and other units. Make in India” initiative
introduced by the Government of India has identified automobiles, auto-components, biotechnology, defense, railways and textiles for
development. Machine tool industry will be the key enabler in this journey as automobiles, auto-components, defense and railways have
been the main users of machine tools. It gives great opportunity for the sector to grow at 20-25 percent annually to increase its market share.
Consumption demand is expected to grow at 15.0 percent, and the domestic production meets less than 50.0 percent of the domestic
demand. industries whereas the small scale sector meets the demand of ancillary and other units. Metal forming machines consist of
bending folding machines, straightening, flattening machines including press breaks, punching and/or shearing machines, presses, die-casting
etc. Metal cutting machine tools accounts for 87 percent of total machine tool production of which 66 percent is CNC machines. Indian
machine tool is thus dominated by the metal cutting CNC segment.

Machine tools production has reached US$ 1042 Million in FY 2017-18 from US$ 829 Million in FY 2016-17 at a Y-O-Y growth of 25.7%
Machine tools imports to India has reached US$ 882 Million during 2016-17 compared to US$ 850 Million during 2015-16 registering a growth
of 4% Metal working machine consumption in India has reached US$ 1660 Million during 2016-17 compared to US$ 1534 Million during 2015-
16 registering a Y-O-Y growth of 12% Metal cutting machine consumption in India has reached US$ 1309 Million during 2016-17 compared to
US$ 1165 Million during 2015-16 Metal forming machine consumption in India has reached US$ 350 Million during 2016-17 compared to US$
316 Million during 2015-16 registering a Y-O-Y growth of 10%. The Indian machine tools sector offers several opportunities for investment.
Given the current gap between demand and supply, there is a clear need for adding capacities in this sector. The industry is moving towards
increasingly sophisticated CNC machines, driven by demand from key user segments, such as automobiles and consumer durables, aerospace,
etc. Machine tool manufacturers need to develop capabilities to cater to this demand and investments in this area could yield long term
benefits.

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 FOREX RATES (APPROX.)
US $ = INR 79.43 SG $ = INR 57.57
GBP = INR 95.99 AUD = INR 55.31
Euro = INR 80.93 CAD = INR 61.62

DISCLAIMER & CONFIDENTIALITY:

This report is based on information / data collated from several sources which Trade Data Limited (TradeData) considers reliable. Although a reasonable care has been taken to verify the data, TradeData is constrained in giving any warranty as to the availability,
accuracy, currency, completeness, correctness or reliability of the information made available and along with affiliates expressly disclaims all liability for any direct, indirect, special, incidental, exemplary or consequential damage or loss resulting from the use of,
or reliance on the information or the contents provided therein. The availability of any rating, score, credit limit and / or any other predictive indicator in the report does not constitute an audit of the subject entity and should not be treated as a
recommendation or an advice / endorsement / opinion by TradeData to enter into any transaction or follow any course of action. All decisions made by the user must be based solely on the user’s independent evaluation of the circumstances and objectives. All
rights of this report reserved by Trade Data Limited The information shall be held in strict confidence and shall never be reproduced, revealed or made accessible in whole or in part, in any manner whatsoever, without TradeData’s prior written consent.

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