Date: January 11, 2021
Subject: Proposal for
1(A). L/C (360 days UPAS) limit (One-Off) for USD 18,30,000.00 eqvt. to Tk.15.74 Crore @Tk.86.00
(actual amount to be determined as per BC rate of USD as on date of creation) @20% Cash
Margin (10.00% at the time of opening LC + 10.00% at the time of retirement) and Opening &
Acceptance Comm. @0.30% per Quarter for import of Capital Machineries from Akshi
Engineers, India for BMRE of existing project;
1(B).
Subsequent HPSM-Industrial for Tk.12.59 Crore [80% of L/C Amount] @9.00% Profit Rate for the
period of 05(Five) years from the date of disbursement for retirement of L/C documents under
investment facility at Clause-2(A);
Thus, Existing Limit: Funded-Tk.30.00 Crore (O/S: Tk.31.36 Crore) + Non-Funded-Nil
Proposed: Funded-Tk.27.56 Crore + Non-Funded-Tk.15.74 Crore
Existing + Proposed: Funded-Tk.57.56 Crore + Non-Funded-Tk.15.74 Crore
A/C: Ali Ahmmad Re-Rolling Mills (Pvt.) Limited (Customer ID # 00578119), a client of our Munshikhola Branch,
Dhaka.
1. Debt Scenario of the Client & Proposed Facility:
A.
B.
C.
D.
E.
Particulars
of the
Borrower
Group
Information
Relationship
with SBL
Existing &
proposed
Facility of
the
Customer &
allied
Concerns
with SBL
Security &
Collaterals
(in Brief)
i) A/C Name
ii) Key Person
iii)
iv)
v)
vi)
vii)
i)
ii)
i)
ii)
Ali Ahmmad Re-Rolling Mills (Pvt.) Limited
Mr. Md. Hafizur Rahman Sheikh, Managing Director
Manufacturing and Trading of MS product i.e. MS Rod,
Nature of Business
:
Coil, Angle, Flat Bar, etc.
Date of Incorporation
: 27.08.2002
Business Address
: Dhanakunda, Godnail, Narayanganj.
Owned
Factory Address
: Same
Owned
Go-down Address
N/A
Group Name, if any: No Group
Other Business Concern(s) of the Group: N/A
Account Relationship (Date): 09.03.2017
Credit Relationship(Date): 29.01.2019
(all Figures in Crore Taka)
Existing Investment (as on 11.01.2021)
Existing + Proposed
Concern’s
Name
:
:
Nature
Limit
O/S
Limit/
Specific
Expiry
31.12.20
01 year
-
OD
/EOL
Limit
Limit
Expiry
Bai-Muajjal
30.00
31.36
1.36
30.00
31.12.21
Stimulus WC
(9.00)
Sub-Total
30.00
31.36
1.36
30.00
Ali
L/C (360 days
360 days
15.74
Ahmmad
UPAS)
UPAS
Re-Rolling
Sub. HPSM Ind.
(12.59) 05 years
Mills (Pvt.)
HPSM Ind.
8.47
06 years
Limited
HPSM House
6.50
06 years
Building Ind.
Sub-Total
30.71
GRAND TOTAL
30.00
31.36
1.36*
60.71
Funded
30.00
31.36
1.36
57.56
Non-Funded
15.74
NOTE: *Branch has verbally informed that EOL is due to quarterly interest charging; the
client is gradually adjusting & has assured to adjust very soon.
Particulars
Primary
Collateral
Existing
Particulars
MV FSV
Hypothecation of Stocks
Plant & Machineries
Total
i) Land: RM of 174.435 Dec. [Project
Land]
MV:Tk.34.89 Crore, FSV:Tk.27.90 Crore
ii) Building: Factory Shed (28120 sft) +
04 storied dormitory (11200 sft) + 01
storied office (736 sft.)
MV:Tk.4.27 Crore, FSV:Tk.3.42 Crore
Thus, Total MV: Tk.39.16 Crore,
FSV: (Tk.27.90 Crore + Tk.3.42 Crore) =
Tk.31.32 Crore
A. 109.00 Decimal land: Ali Ahmmad
Owner of
the
Property
Re-Rolling Mills (Pvt.) Limited.
65.435 Decimal land:
(i) Md. Kamal Hossain Sheikh alias Md.
Kamal Hossain Shelk, (ii) Md. Hafizur
Rahman Sheikh, (iii) Md. Yousuf Sheikh &
(iv) Md. Sohel Hossain Sheikh alias Md.
B.
Nature
of
Facility
Renewal
Fresh
Fresh
Fresh
Fresh
(all figures in Crore Taka)
Existing + Proposed
Particulars
MV
FSV
Hypothecation of Stocks
Plant & Machineries
Total
i) Land: RM of 174.435 Dec. [Project Land]
MV:Tk.34.89 Crore, FSV:Tk.27.90 Crore
ii) Building: Factory Shed (28120 sft) + 04
storied dormitory (11200 sft) + 01 storied
office (736 sft.)
MV:Tk.4.27 Crore, FSV:Tk.3.42 Crore
Thus, Total MV: Tk.39.16 Crore,
FSV: (Tk.27.90 Crore + Tk.3.42 Crore) =
Tk.31.32 Crore
Additional Security for BMRE:
……………………………………………
……………………………………………
A. 109.00 Decimal land: Ali Ahmmad ReRolling Mills (Pvt.) Limited.
B. 65.435 Decimal land:
(i) Md. Kamal Hossain Sheikh alias Md.
Kamal Hossain Shelk, (ii) Md. Hafizur
Rahman Sheikh, (iii) Md. Yousuf Sheikh &
(iv) Md. Sohel Hossain Sheikh alias Md.
Page 1 of 2
Sohel Sheikh
company.
Coverage
Support
F.
G.
Net-worth of
Owner(s)
Liability of
the
Customer &
allied
Concerns
with other
bank
Sl.
#
1.
2.
3.
4.
-
Directors
Md. Hafizur Rahman Sheikh
Md. Kamal Hossain Sheikh
Md. Yousuf Sheikh
Md. Sohel Sheikh
Total
Ali
Ahmmad
Re-Rolling
Mills Ltd.
the
Total Limit: Tk.30.00 Crore
FSV of Land: ………..
FSV of Land: ………
Total: Tk.31.32 Crore
Coverage: 1.04 times
i) Post-dated Cheques as per
circular
ii) PG of the Directors
Name
Customer
Name
of
Sohel Sheikh - Directors of the company.
Total Limit: Tk.57.56 Crore
FSV of Land: ………..
FSV of Land: ………
Total: Tk.31.32 Crore
Coverage: 1.04 times
iii) Post-dated Cheques as per circular
iv) PG of the Directors
(all Figures in Crore Taka)
Share %
Net-worth
Position
Managing Director
Director
Director
Director
Name of the Bank & Branch
IDLC, Dilkusha Branch
BRAC Bank, Nitaigonj Branch
SJIBL, Narayangonj Branch
ONE Bank, Narayangonj Br.
Total
30.00%
20.00%
20.00%
30.00%
2.11
2.09
2.10
2.08
8.38
(all Figures in Crore Taka)
Nature
Limit
TL
TL
BG
BG
6.80
1.00
0.16
0.23
8.19
O/S
4.76
0.95
0.16
0.23
6.10
Expiry
05.01.23
25.11.22
21.05.23
27.02.21
Overdue
-
Page 2 of 2