Initial Public Offering

SN COMPANY NAME IPO OFFERED (Mill. Taka) SUBSCRIBED FOR (Mill. Taka) % OF SUBSCRIPTION TIMES
1 DELTA BRAC HOUSING FINANCE CORPORATION LTD
Public NRB
84 10.5
Public NRB
4815.84 186.85
Public NRB
5733.13 1779.50
Public NRB
57.33 17.79
2 ICB AMCL SECOND NRB MUTUAL FUND
Public NRB
200 600
Public NRB
2,714.71 1,706.11
Public NRB
1358.86 284.35
Public NRB
13.59 2.84
3 GRAMEEN ONE : SCHEME TWO
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
4 FIRST SECURITY BANK LIMITED
Public NRB
920 115
Public NRB
4,741.98 301
Public NRB
515.34  261.74
Public NRB
5.15  2.61
5 Summit Alliance Port Limited
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
6 Standard Insurance Limited
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
7 Northern General Insurance Company Limited
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
8 Takaful Islami Insurance Limited
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
9 MAKSONS SPINNING MILLS LIMITED
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   
10 Republic Insurance Company Limited
Public NRB
   
Public NRB
   
Public NRB
   
Public NRB
   

 

Takaful Islami Insurance Limited

Nature of Business: Operates its general insurance business on the basis of Islami Saria'h Law.
Subscription Open: Aug 25 2008
Subscription Close:Aug 31 2008
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 600,000
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 150,000,000.00
Reason for Raising Capital: The proceeds will strengthen the capital base of the company and will be used for investment, which will augment the business of the company.
Application Document Available at: CSE Library, Member Offices, Bankers offices, website of the company, SEC,CSE and DSE.
Manager to the Issue: Prime Finance & Investment Limited

 

Standard Insurance Limited

Nature of Business: General Insurance
Subscription Open: Sep 7 2008
Subscription Close:Sep 11 2008
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 600,000
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 150,000,000
Reason for Raising Capital: The proceeds of the present issue of 900,000 shares of Tk. 100 each at Tk. 90,000,000 will strengthen the capital base of the company and augment business expansion. The fund thus raised through public issue will be used for investment purposes.
Application Document Available at: CSE Library, Member Offices, Bankers offices, website of the company, SEC,CSE and DSE.
Manager to the Issue: ICB Capital Management Limited

 

Northern General Insurance Company Limited

Nature of Business: General Insurance
Subscription Open: Sep 14 2008
Subscription Close:Sep 18 2008
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 600,000
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 150,000,000
Reason for Raising Capital: The Company offers its shares to the public as required by the Insurance Act, 1938 and Insurance Rules, 1958. The net proceeds of the present issue of 900,000 shares of Tk. 100.00 each at par totaling Tk. 90,000,000.00 will strengthen the capital base of the Company.
Application Document Available at: CSE Library, Member Offices, Bankers offices, website of the company, SEC,CSE and DSE.
Manager to the Issue: Prime Finance & Investment Limited

 

Maksons Spinning Mills Limited

Nature of Business: The principal activities and operations of the Company are production and sale of cotton yarn.
Subscription Open: Oct 12 2008
Subscription Close:Oct 16 2008
Offer Price (Tk.):10.00
Market lot (Share):500
Public Offer (Share):8,000,000
Sponsors Portion (Share): 34,000,000(including 4,000,000 preference shares )
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 420,000,000.00
Reason for Raising Capital: Proceeds from initial public offering will be used for loan repayment of the company.
Application Document Available at: CSE Library, Member Offices, Bankers offices, website of the company, SEC,CSE and DSE.
Manager to the Issue: ICB Capital Management Limited &Bay Leasing & Investment Limited

 

Republic Insurance Company Limited

Nature of Business: General insurance
Subscription Open: Oct 26 2008
Subscription Close:Oct 30 2008
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 600,000
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 150,000,000.00
Reason for Raising Capital: The proceeds of IPO will be used for investment to share & term deposit with different schedule bank.
Application Document Available at: CSE Library, Member Offices, Bankers offices, website of the company, SEC,CSE and DSE.
Manager to the Issue: ICB Capital Management Limited & Capital Market Services Ltd

Past IPO(s) in 2008
IPO(s) in 2007
IPO(s) in 2006
IPO(s) in 2005
IPO(s) in 2004
Past IPO(s) in 2003
IPO(s) in 2002

Last modified on 2008-08-19