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IFAD AUTOS LTD
Sonartori Tower (14th-17th floor)
12, Biponon Commercial Area Sonargaon Rd
Phone: +880 29632753p:+880 29632753 DHAKA, 1000  Bangladesh Ticker: IFADAUTOSIFADAUTOS
Business Summary
IFAD Autos Limited is a Bangladesh-based automobile distributor. The principal activity and operation of the Company is importing, marketing and body-building of different models of Ashok Leyland’s vehicles through its own marketing staffs, dealers and selling agents in different districts of the Bangladesh. It also deals in Farmtrac brand agro machineries and the related spares imported from Escorts Limited and the same in Bangladesh. Types of vehicles include AC buses, deluxe buses, goods trucks, dump trucks, and prime movers. Its customers group comprises both private and public sectors. The principal products and services of the Company are vehicles and body building, spare parts, and fuel/lubricants. It imports and sells light, medium, and heavy truck chassis, different types of bus chassis such as double-decker buses, AC buses, and CNG driven buses. The Company also sells special vehicles like dump trucks, water tankers, concrete mixtures, prime movers, and bulk carriers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20226/30/2022Yes----

Industries
SIC Code Description
3711 Motor vehicles and passenger car bodies
5012 Automobiles and other motor vehicles
5013 Motor vehicle supplies and new parts

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Iftekhar AhmedTipu 65 2/17/1988
Chief Financial Officer, Compliance Officer Abu SayeedAhmed
Managing Director, Director TaskeenAhmed 34 5/8/2000
8 additional Officers and Directors records available in full report.

General Information
Number of Employees: 1,272 (As of 6/30/2022)
Outstanding Shares: 265,597,933 (As of 1/24/2023)
Shareholders: 12,978
Stock Exchange: DSE
Fax Number: +880 29632765


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Wednesday, November 20, 2024