IPOs in 2005
| SN | COMPANY NAME | IPO OFFERED (Mill. Taka) | SUBSCRIBED FOR (Mill. Taka) | % OF SUBSCRIPTION | TIMES |
| 1 | Agrani Insurance Company Limited | 90 | 619.465 | 688.29 | 6.883 |
| 2 | Global Insurance Ltd. | 90 | 649.4 | 721.56 | 7.216 |
| 3 | Popular Life Insurance Company Ltd. | 45 | 482.055 | 1071.23 | 10.7123 |
| 4 | Fareast Islami Life Insurance Company Ltd. | 45 | 860.84 | 1912.98 | 19.130 |
| 5 | Peoples Leasing and Financial Services Ltd. | 63.6 | 379.20 | 596.230 | 5.96 |
| 6 | Meghna Life Insurance company Ltd. | 45 | 701.492515 | 1558.87 | 15.58 |
| 7 | Grameen Mutual Fund One | 50 | 454.820 | 909.64 | 9.09 |
| 8 | Nitol Insurance Company Ltd. | 90 | 246.96 | 274.40 | 2.74 |
| 9 | Prime Finance & Investment Ltd. | 45 (General Public) (NRB: 5) | 1,078.935 (General Public) | 2397.63 (General Public) | 23.97 (General Public) |
| NRB portion yet to be closed | |||||
| 10 | Premier Leasing International Ltd. | 100.5 (General Public: 90.45) (NRB: 10.05) | 1059.895 (General Public) | 1171.80 (General Public) | 11.71 (General Public) |
| NRB portion yet to be closed | |||||
| 11 | Asia Pacific General Insurance Company Limited | 105 (General Public: 94.5) | 107.329 (General Public) | 113.58 (General Public) | 1.14 (General Public) |
| NRB portion yet to be closed | |||||
| 12 | Summit Power Limited | 280 (Including premium of Tk. 40.00 per share) | 2,389.176612 (Including premium of Tk. 40.00 per share) | 853.28 | 8.53 |
| 13 | Sonar Bangla Insurance Ltd. | 90 | 360.56 | 400.62 | 4.006 |
| 14 | Islamic Finance and Investment Ltd. | 100 (90 - General Public) | 1,597.14046 (General Public) | 1774.60 (General Public) | 17.74 (General Public) |
| 15 | Progressive Life Insurance Company Ltd. | 45 | 1,508.345998 | 3351.87 | 33.52 |
| 16 | Berger Paints Bangladesh Limited | 139.14 | 1,214.21 | 872.65 | 8.73 |
| 17 | Pragati Life Insurance Limited | 45 | 1,608 | 3573.31 | 35.73 |
| 18 | Premier Bank Ltd. | 557.54 | Not Available Yet | Not Available Yet | Not Available Yet |
| Nature of Business: | Life insurance business. |
| Subscription Open: | Nov 20 2005 |
| Subscription Close: | Nov 24 2005 |
| Offer Price (Tk.): | 100.00 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 450,000 |
| Sponsors Portion (Share): | 300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | |
| Total Paid up Capital (after IPO) (Tk.): | 75,000,000.00 |
| The proceeds of the IPO will be utilized to strengthen the capital base and augment business expansion. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AAA Consultants & Financial Advisers |
| Nature of Business: | The core business of the company is manufacturing and marketing of Paints, varnishes and coatings. |
| Subscription Open: | Nov 8 2005 |
| Subscription Close: | Nov 14 2005 |
| Offer Price (Tk.): | 120.00 (Face Value= Tk 10.00 + Premium Tk 110.00) |
| Market lot (Share): | 50 |
| Public Offer (Share): | 1,159,500 |
| Sponsors Portion (Share): | 22,029,440 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | Nil |
| Total Paid up Capital (after IPO) (Tk.): | 231,889,400.00 |
| The proceeds of the shares from the IPO will be used to pay off the short term loan liabilities of the company. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | IDLC |
| Nature of Business: | The Company is engaged in all kind of Life insurance businesswheather individual of group,including pension, superannuation, heaathcare,scheme etc. al |
| Subscription Open: | Oct 9 2005 |
| Subscription Close: | Oct 16 2005 |
| Offer Price (Tk.): | Tk. 100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 450,000 |
| Sponsors Portion (Share): | 300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 75,000,000 |
| The Proceeds of the IPO will be utilized for investment | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Prime Finance & Investment Ltd. |
| Nature of Business: | Lease Finance, term Loan and House Building Loans |
| Subscription Open: | Sep 25 2005 |
| Subscription Close: | Sep 29 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 1,000,000 |
| Sponsors Portion (Share): | 1,617,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 261,700,000.00 |
| The Proceed of the IPO will be utilized in the normal leasing &lending business of the Company | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AAA Consultants & Financial Advisers |
| Nature of Business: | General Insurance |
| Subscription Open: | Sep 11 2005 |
| Subscription Close: | Sep 15 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 900.000 |
| Sponsors Portion (Share): | 600,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 150,000,000.00 |
| The Proceeda of the IPO will be invested in the procuring assets,shares and term deposit with different scheduled banks. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Grameen Capital Management Ltd. |
| Nature of Business: | Establish power plants for sale of electricity to Rural Electrification Board (REB) under Build-Own-Operate basis. |
| Subscription Open: | Aug 27 2005 |
| Subscription Close: | Aug 31 2005 |
| Offer Price (Tk.): | 140.00 (Face Value Tk 100.00 + Premium Tk 40.00) |
| Market lot (Share): | 50 |
| Public Offer (Share): | 2,000,000 |
| Sponsors Portion (Share): | 4,500,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | Nil |
| Total Paid up Capital (after IPO) (Tk.): | 650,000,000.00 |
| The IPO is aimed to partially meet the total fund requirement of the project cost of Tk 1250.00 million. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Prime Finance and Investment |
| Nature of Business: | All kinds of general insurance activities |
| Subscription Open: | Aug 21 2005 |
| Subscription Close: | Aug 25 2005 |
| Offer Price (Tk.): | 100.00 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 1,050,000 |
| Sponsors Portion (Share): | 700,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | BDT 175,000,000 |
| The proceeds of the IPO will be used for investment. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AAA Consultants & Financial Advisers |
| Nature of Business: | Lease Finance , Term Loan & House Building Loans |
| Subscription Open: | Aug 14 2005 |
| Subscription Close: | Aug 18 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 1,005,000 |
| Sponsors Portion (Share): | 1,768,072 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 277,307,232.00 |
| The Proceeds of the IPO will be utilized in the normal Leasing and lending business of the company | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AAA Consultants & Financial Advisers |
| Nature of Business: | It is an integrated financial service provider in the fields of Financing investment & Capital Market operations |
| Subscription Open: | Jul 30 2005 |
| Subscription Close: | Aug 3 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 500,000 |
| Sponsors Portion (Share): | 1,800,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 230,000,000.00 |
| The proceeds of the IPO will be used in the Financing and investment activities of the Company. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | ICB Capital Management Ltd. |
| Nature of Business: | All kinds of General Insurance activities |
| Subscription Open: | Jul 24 2005 |
| Subscription Close: | Jul 28 2005 |
| Offer Price (Tk.): | 100 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 900,000 |
| Sponsors Portion (Share): | 600,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | Nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 150,000,000.00 |
| The Proceeds of the IPO will be invested in procuring Assets, Share & Term deposit with different schedule Bank. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | ICB Capital Management Ltd. |
| Nature of Business: | It is a closed-end Balanced Mutual Fund with 10 years tenure. |
| Subscription Open: | Jul 11 2005 |
| Subscription Close: | Jul 16 2005 |
| Offer Price (Tk.): | 10.00 |
| Market lot (Share): | 1 for trading/500 for minimum application |
| Public Offer (Share): | 5,000,000 |
| Sponsors Portion (Share): | 1,650,000 |
| Multilateral Institutions (other than sponsors) (Share): | 10,350,000 |
| Private Placement (Share): | only institutions |
| Total Paid up Capital (after IPO) (Tk.): | 170,000,000 |
| Facilitate micro-savers to invest in the country's capital market instruments and achieve capital appreciation as well as earn dividend and interest income. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AIMS of Bangladesh Ltd |
| Nature of Business: | Life Insurance |
| Subscription Open: | Jul 3 2005 |
| Subscription Close: | Jul 7 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 450,000 |
| Sponsors Portion (Share): | 300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 75,000,000 |
| The Company offers its shares to the public as required by the Insurance Act 1938 and Insurance Rules 1958. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Bangladesh Mutual Securities Ltd. |
| Nature of Business: | The Company extends lease finance for all types of machinery, equipment houshold durable including and vehicles both for industrial commercial & personal use and also allows temprory finance. |
| Subscription Open: | May 14 2005 |
| Subscription Close: | May 18 2005 |
| Offer Price (Tk.): | Tk.100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 636,000 |
| Sponsors Portion (Share): | 1,300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | 424,000 |
| Total Paid up Capital (after IPO) (Tk.): | Tk.236,000,000 |
| To comply with the regulation under the Financial Instutions Act, 1993 and to augment the company's operational activities. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Prime Finance & Investment Ltd. |
| Nature of Business: | The Company is mainly engaged in Life Insurance business |
| Subscription Open: | May 7 2005 |
| Subscription Close: | May 11 2005 |
| Offer Price (Tk.): | Tk. 100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 450,000 |
| Sponsors Portion (Share): | 300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | NIL |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 75,000,000 |
| To Comply with the Insurance act 1938&Insurance Rules 1958 and to augment business expansion by strengthen the capital base of the company | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | Bangladesh Mutual Securities Ltd. |
| Nature of Business: | Life Insurance |
| Subscription Open: | Apr 24 2005 |
| Subscription Close: | Apr 28 2005 |
| Offer Price (Tk.): | Tk. 100/- |
| Market lot (Share): | 50 |
| Public Offer (Share): | 450,000 |
| Sponsors Portion (Share): | 300,000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 75,000,000 |
| To fulfill the requirement of the license. | |
| Application Document Available at: | CSE Library, CSE Member's House, Issue manager, Underwriters and Designated Banks |
| Manager to the Issue: | AAA Consultants & Financial Advisers |
| Nature of Business: | General Insurance |
| Subscription Open: | Jan 29 2005 |
| Subscription Close: | Feb 9 2005 |
| Offer Price (Tk.): | 100 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 900,000 |
| Sponsors Portion (Share): | 600,000 |
| Multilateral Institutions (other than sponsors) (Share): | nil |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | 150,000,000 |
| To Comply with the Insurance act 1938 and Insurance Rules 1958 and augment business expansion | |
| Application Document Available at: | CSE Library, CSE Members' House , Issue Manager, Underwriter and Designated Banks |
| Manager to the Issue: | ICB CAPITAL MANAGEMENT LTD |
| Nature of Business: | General Insurance |
| Subscription Open: | Jan 9 2005 |
| Subscription Close: | Jan 13 2005 |
| Offer Price (Tk.): | 100.00 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 900000 |
| Sponsors Portion (Share): | 600000 |
| Multilateral Institutions (other than sponsors) (Share): | none |
| Private Placement (Share): | Nil |
| Total Paid up Capital (after IPO) (Tk.): | 150000000 |
| The Proceeds of the IPO will be invested in procuring assets, shares and term deposit with different scheduled banks. | |
| Application Document Available at: | CSE Library, CSE Members` House, Issue Manager, Underwriters and designated banks |
| Manager to the Issue: | Equity Partners Limited |
| Nature of Business: | Providing services for all kind of banking needs to the customers |
| Subscription Open: | Postponed |
| Subscription Close: | Postponed |
| Offer Price (Tk.): | Tk. 100 |
| Market lot (Share): | 50 |
| Public Offer (Share): | 5,575,497 |
| Sponsors Portion (Share): | 5,575,497.12 |
| Multilateral Institutions (other than sponsors) (Share): | nil |
| Private Placement (Share): | nil |
| Total Paid up Capital (after IPO) (Tk.): | Tk. 1,115,099,412 |
| To comply with relevant statutory requirements and strengthen the capital base of the bank and thus the ability to augment busines expansion | |
| Application Document Available at: | CSE Library, Cse Members' House, Issue Manager, Underwriters and Designated Banks |
| Manager to the Issue: | Equity Partners Ltd. |
IPO(s) in 2007
IPO(s) in 2006
IPO(s) in 2004
IPO(s) in 2003
IPO(s) in 2002
Last modified on 04/Jan/2006