Initial Public Offering

IPOs DURING 2004
SN COMPANY NAME IPO OFFERED (Mill. Taka) SUBSCRIBED FOR (Mill. Taka) % OF SUBSCRIPTION TIMES
1 EXPORT IMPORT BANK OF BANGLADESH LIMITED 408.037 4835.42 1185.04 11.85
2 MERCANTILE INSURANCE COMPANY LTD. 90 615.545 683.938 6.84
3 ICB AMCL ISLAMIC MUTUAL FUND 70 537.5 767.86 8.19

 

ICB AMCL ISLAMIC MUTAL FUND

Nature of Business: Investment
Subscription Open: Oct 12 2004
Subscription Close:Oct 17 2004
Offer Price (Tk.):Tk. 100 Per Unit (at Par)
Market lot (Share):50
Public Offer (Share):700000
Sponsors Portion (Share): 100000
Multilateral Institutions (other than sponsors) (Share): nil
Private Placement (Share): 200000
Total Paid up Capital (after IPO): 100000000
Reason for Raising Capital: Offering a product to the investors who wish adhere to Islamic Investment Guideline
Application Document Available at: CSE Library CSE Member's House, Issue Manager, Underwriters and Designated
Manager to the Issue: ICB Asset Management Company Ltd

 

Mercantile Insurance Company Ltd.

Nature of Business: General Insurance
Subscription Open: Aug 28 2004
Subscription Close:Sep 1 2004
Offer Price (Tk.):Tk. 100.00
Market lot (Share):50
Public Offer (Share):900000
Sponsors Portion (Share): 600,000
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): 0
Total Paid up Capital (after IPO): 150000000
Reason for Raising Capital: To strengthen the capital base and augment of business expansion.
Application Document Available at: CSE Library, CSE Members` House, Issue Manager, Underwriters and designated banks
Manager to the Issue: AAA Consultants & Financial Advisers

 

Export Import Bank of Bangladesh Limited

Nature of Business: Banking
Subscription Open: Jul 24 2004
Subscription Close:Jul 28 2004
Offer Price (Tk.):Tk. 130.00 including Tk. 30 premium, Face Value Tk. 100
Market lot (Share):50
Public Offer (Share):3138750
Sponsors Portion (Share): 3138750
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): 0
Total Paid up Capital (after IPO): 627750000.00
Reason for Raising Capital: The public issue is the compliance of the statutory requirement of the Bank. The proceeds will strengthen the capital base of the Bank and augment business expansion. Deposits of the present issue would be utilised in the normal lending and investment business of the bank.
Application Document Available at: CSE Library, CSE Members House, Issue Manager, Underwriters and designated banks
Manager to the Issue: AAA Consultants & Financial Advisers

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

Last modified on 20/12/2004