subject: IPO Lottery Result of Deshbandhu Polymer Limited [print this page] IPO Lottery Result of Deshbandhu Polymer Limited
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The face value and offer price of this share is 10/= while the market lot is 500. It's IPO size is Tk. 160 million.
The company shall go for Initial Public Offer (IPO) for 1,60,00,000 ordinary shares of Tk. 10.00 each at par totalling Tk. 16,00,00,000.00 (Sixteen crore) following the Securities and Exchange Commission (Public Issue) Rules
It's EPS is Tk 3.47 from July 2009 to April 2010.
Union Capital Limited, Prime Finance & Investment Limited, Green Delta Insurance Company Limited, EC Securities Limited are the underwriters while Union Capital Limited is the issue manager.
IPO subscription of Deshbandhu Polymer Limited will be started from 24 Octobor, 2010 and will be open till 24 October, 2010. For NRB applicant the application will be closed on 6 November.
The face value and offer price of this share is 10/= while the market lot is 500. It's IPO size is Tk. 160 million.
The company shall go for Initial Public Offer (IPO) for 1,60,00,000 ordinary shares of Tk. 10.00 each at par totalling Tk. 16,00,00,000.00 (Sixteen crore) following the Securities and Exchange Commission (Public Issue) Rules:
It's EPS is Tk 3.47 from July 2009 to April 2010.
Union Capital Limited, Prime Finance & Investment Limited, Green Delta Insurance Company Limited, EC Securities Limited are the underwriters while Union Capital Limited is the issue manager.
GENERAL INFORMATION
1. Union Capital Limited have prepared this prospectus based on the information provided byDeshbandhu Polymer Limited (the Issuer) and also upon several discussions with ManagingDirector and concerned executives of the Company. The Directors including Managing Director ofDeshbandhu Polymer Limited, Union Capital Limited collectively and individually, having made allreasonable inquires, confirm that to the best of their knowledge and belief, the information containedherein is true and correct in all material aspects and that there are no other material facts, theomission of which would make any statement herein misleading.2. No person is authorized to give any information or to make any representation not contained inthis Prospectus and if given or made, any such information or representation must not be relied uponas having been authorized by the Company or Issue Manager.3. The Issue as contemplated in this document, is made in Bangladesh and is subject to the exclusivejurisdiction of the courts of Bangladesh, forwarding this Prospectus to any person resident outsideBangladesh in no way implies that the Issue is made in accordance with the laws of that country or issubject to the jurisdiction of the laws of that country.A copy of this Prospectus may be obtained from the Head Office of Deshbandhu Polymer Limited,
About Deshbandhu Group
deshbandhu group is a leading corporate house in bangladesh. the group is engaged in manufacturing and marketing of refined sugar, pp woven bag, development of real estates and trading of bulk commodities. since its inception as a trading house this group, over the last 20 years, has placed itself as one the largest fertilizer and bulk commodity importers in the country.
deshbandhu group entered into the manufacturing business by setting up the first ever sugar refinery in bangladesh. this flagship company is the only rsa (refined sugar association, london) member from bangladesh, and the sole exporter of sugar to european union.
the group runs a woven sweater manufacturing house, exporting their products all over the world. the group is now endeavoring to set up the first ever ethanol fuel plant in bangladesh, an alternative automobile energy source.
deshbandhu polymer limited to issue ipo.|
deshbandhu polymer ltd. has signed a mou with union capital ltd. for issuing its ipo. this was done in a ceremony at the corporate head office of deshbandhu group on july 2, 2009. the agreement in this regard was signed by the managing director of deshbandhu group and executive vice president of union capital limited on behalf of their respective parties. the executive director, accounts manager, deputy accounts manager of deshbandhu group were present during the occasion.
it can be noted that, the current paid-up capital is tk. 100,000,000.00, which will be raised to tk. 200,000,000.00 through ipo and pre-placement.
