Commercial Credit Report for Index Agro Industries Ltd

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	Index Agro Industries Ltd
MF Tower (4th Floor)
Gh-95/C, Middle Badda, Progoti Saroni
Phone: +880 2222296442p:+880 2222296442	DHAKA, 1212 Bangladesh	Ticker: INDEXAGROINDEXAGRO

Business Summary

Index Agro Industries Limited is a Bangladesh-based produces poultry feed, fish-feed and day-old chicks (broiler and layer). The Company operates through two segments: Feed, and Poultry & Hatchery. Its feed mill produces and markets fish and poultry feeds. Its feed mill produces eight tons per hour with a manpower capacity of 365. Actual production capacity of feed mill is 96,000 megatons (MT) feed. Its breeder farms have established two breeder farms, one is located in Rajendrapur and another in Bogra. Its Rajendrapur farm has an annual capacity of 11.5 million Day Old Chicks (DOC). Their activities are to produce and sell DOC from the hatchery unit and hatching eggs from the breeder production unit. It has two hatcheries, one is located in Rajendrapur and another in Rangpur district. Their activities are to produce DOC. Its Rajendrapur hatchery has an annual capacity 12.5 million DOC.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	-	-	-	-	-

Industries

SIC Code	Description
2048	Prepared feeds and feed ingredients for animals and fowls, except dog and cat
0254	Poultry hatcheries

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman of the Board	Md. MazherulQuader
Chief Financial Officer	Md. NazrulIslam
Managing Director, Director	MahinBin Mazher
4 additional Officers and Directors records available in full report.

General Information

Number of Employees:	997	(As of 6/30/2023)
Outstanding Shares:	47,253,649	(As of 12/31/2023)
Stock Exchange:	DSE
Fax Number:	+880 258814759

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