Initial Public Offering

DURING 2007

SN COMPANY NAME IPO OFFERED (Mill. Taka) SUBSCRIBED FOR (Mill. Taka) % OF SUBSCRIPTION TIMES
1 SHAHJALAL ISLAMI BANK LIMITED
Public NRB
842.24 93.58
Public NRB
3,529.64  
Public NRB
419  
Public NRB
4.19  
2 ICB AMCL FIRST NRB MUTUAL FUND
Public NRB
30 60
Public NRB
76.46 13.59
Public NRB
3,823.225
226.525
Public NRB
38.23 2.26
3 GOLDEN SON LIMITED
Public NRB
 54  6
Public NRB
626.02 Not Avail.
Public NRB
1159.29
Not Avail.
Public NRB
11.59 Not Avail.
4 PREMIER BANK LIMITED
Public NRB
 760.50  84.50
Public NRB
4778.56 592.08
Public NRB
652
700.69
Public NRB
6.52 7.01
5 UNION CAPITAL LIMITED
Public NRB
67.5  
Public NRB
2,907.58 Not Avail.
Public NRB
4308.80
Not Avail.
Public NRB
43.08 Not Avail.
6 Bangladesh Finance And Investment Co. Ltd
Public NRB
56  
Public NRB
2,123.74 Not Avail.
Public NRB
3792.38
Not Avail.
Public NRB
37.92 Not Avail.
7 Phoenix Finance and Investments Limited
Public NRB
112.5  
Public NRB
2,705.39 Not Avail.
Public NRB
2,404.79
Not Avail.
Public NRB
24.05 Not Avail.
8 International Leasing And Financial Services Ltd
Public NRB
101.25  
Public NRB
3,325.04 Not Avail.
Public NRB
3,284
Not Avail.
Public NRB
32.84 Not Avail.
9 Trust Bank Limited
Public NRB
560  
Public NRB
7,156.33 Not Avail.
Public NRB
1,277.90
Not Avail.
Public NRB
12.79 Not Avail.
10 Paramount Insurance Company Limited
Public NRB
72  
Public NRB
248.99 Not Avail.
Public NRB
345.82
Not Avail.
Public NRB
3.54 Not Avail.
11 City General Insurance Company Ltd
Public NRB
 72  
Public NRB
191.34 Not Avail.
Public NRB
265.75
Not Avail.
Public NRB
.2.66 Not Avail.
12 Mudaraba Perpetual Bonds (MPB) of Islami Bank Bd Ltd
Public NRB
 1,200  150
Public NRB
2,816.85 153.80
Public NRB
234.73
102.53
Public NRB
2.347 1.03
13 Fidelity Assets & Securities Company Ltd
Public NRB
 112.51  14.06
Public NRB
2,496.98 63.60
Public NRB
2219.38
452.24
Public NRB
22.19 4.52
14 Continental Insurance Limited
Public NRB
 72  9
Public NRB
995.58
17.72
Public NRB
1382.75
196.84
Public NRB
13.82 1.97

 

Continental Insurance Limited

Nature of Business: General Insurance
Subscription Open: Nov 18 2007
Subscription Close:Nov 22 2007
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.): BDT 150,000,000.00
Reason for Raising Capital: This IPO is the requirement of the Insurance Act 1938 and Insurance Rules 1958. The proceeds of IPO will be used for investment.
Application Document Available at: CSE Library, CSE broker offices, websites
Manager to the Issue: AAA Consultants & Financial Advisers

 

Fidelity Assets & Securities Company Ltd

Nature of Business: Investment,Leasing,Lending,Refinancing and merchant Banking.
Subscription Open: Oct 28 2007
Subscription Close:Nov 1 2007
Offer Price (Tk.):100
Market lot (Share):50
Public Offer (Share):1,406,350
Sponsors Portion (Share): 1,500,200
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 290,655,000.00
Reason for Raising Capital: The IPO issue is the compliance of statutory requirements of the company. The proceeds will be utilized in normal business operations.
Application Document Available at: CSE Library, Members offices, Banker to the issue and websites.
Manager to the Issue: AAA Consultants & Financial Advisers

 

Mudaraba Perpetual Bonds (MPB) of Islami Bank Bd Ltd

Nature of Business: General Banking busines
Subscription Open: Sep 12 2007
Subscription Close:Sep 18 2007
Offer Price (Tk.):1,000.00
Market lot (Share):5
Public Offer (Share):1,500,000
Sponsors Portion (Share): Nil
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): 1,500,000
Total Paid up Capital (after IPO) (Tk.): 3,000,000,000.00
Reason for Raising Capital: The main purpose of the issue is to raise fud to meet the capital adequacy ratio of the Bank. The proceeds will be utilized in the rofitable investment programs of the Bank to make the Bank more profitable.
Application Document Available at: CSE Library, CSE Broker offices, Websites of the issuer, CSE, DSE and SEC
Manager to the Issue: ICB Capital Management Ltd

 

City General Insurance Company Ltd

Nature of Business: General Insurance
Subscription Open: Aug 19 2007
Subscription Close:Aug 23 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 600.000
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share):
Total Paid up Capital (after IPO) (Tk.): 150,000,000.00
Reason for Raising Capital: The proceeds will be utilized in the normal lending and investment business of the company.
Application Document Available at: CSE Library, CSE broker offices, websites.
Manager to the Issue: Capital Market Services Ltd

 

Paramount Insurance Company Limited

Nature of Business: General Insurance
Subscription Open: Jul 29 2007
Subscription Close:Aug 2 2007
Offer Price (Tk.):100.00
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.): BDT 150,000,000.00
Reason for Raising Capital: The proceeds of the IPO will be used for investment.
Application Document Available at: CSE Library, CSE member offices, websites.
Manager to the Issue: AAA Consultants & Financial Advisers

 

Trust Bank Limited

Nature of Business: General Banking
Subscription Open: Jul 15 2007
Subscription Close:Jul 19 2007
Offer Price (Tk.):150.00 (FaceValu Tk 100.00 + Premium Tk 50.00)
Market lot (Share):50
Public Offer (Share):4,666,700
Sponsors Portion (Share): 7,000,000
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 1,166,670,000.00
Reason for Raising Capital: The proceeds of the IPO will be used for investment and creation of Assets.
Application Document Available at: CSE Library, CSE Member offices, Websites.
Manager to the Issue: AAA Consultants & Financial Advisers

 

International Leasing And Financial Services Ltd

Nature of Business: Investment and Lending
Subscription Open: Jul 1 2007
Subscription Close:Jul 5 2007
Offer Price (Tk.):225.00 (Face Value Tk 100.00 + Premium Tk 125.00)
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.): BDT 230,000,000.00
Reason for Raising Capital: The proceeds of the IPO will be used for investment and lending.
Application Document Available at: CSE Library, CSE Member offices, websites.
Manager to the Issue: Equity Partners Limited

 

Phoenix Finance and Investments Limited

Nature of Business: Leasing and Lending
Subscription Open: Jun 24 2007
Subscription Close:Jun 28 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):1,250,000
Sponsors Portion (Share): 2,111,875
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): BDT 336,187,500.00
Reason for Raising Capital: The proceeds of the IPO will be used in the normal leasing and lending business.
Application Document Available at: CSE Library, CSE Member offices, Websites.
Manager to the Issue: ICB Capital Management Limited

 

Bangladesh Finance And Investment Co. Ltd

Nature of Business: Investment,Leasing,Refinancing
Subscription Open: Jun 10 2007
Subscription Close:Jun 14 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):700,000
Sponsors Portion (Share): 2,333,169
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share):
Total Paid up Capital (after IPO) (Tk.): 303,316,900.00
Reason for Raising Capital: The proceeds of the IPO would be utilized in the normal business operations.
Application Document Available at: CSE Library, CSE Brokers, Websites etc.
Manager to the Issue: Prime Finance & Investment Ltd

 

UNION CAPITAL LIMITED

Nature of Business: Lease Finance & Term Finance
Subscription Open: May 6 2007
Subscription Close:May 10 2007
Offer Price (Tk.):10.00
Market lot (Share):500
Public Offer (Share):7,500,000
Sponsors Portion (Share): 19,313,072
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): 268,130,720
Reason for Raising Capital: The IPO proceeds will be used for meeting the company's activities (Leasing & Term Finance).
Application Document Available at: CSE Library, CSE Member offices, Bankers to the issue, Websites.
Manager to the Issue: Prime Finance & Investment Limited

 

PREMIER BANK LIMITED

Nature of Business: Banking
Subscription Open: Mar 18 2007
Subscription Close:Mar 22 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):8,449,950
Sponsors Portion (Share): 8,449,997
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): 1,689,994,712
Reason for Raising Capital: The proceeds of IPO will strengthen the capital base of the bank and thus the ability to augment business expansion. The funds to be raised through IPO will be used for investment and lending.
Application Document Available at: CSE Library, CSE Member offices, Banker to the issue, website.
Manager to the Issue: Equity Partners Limited

 

Golden Son Limited

Nature of Business: The principal activities of the company include manufacturing of Hotpot/Cooker, Toys/Baby items, Home Appliance (electrical) and Misc. Household products and exporting of these items.
Subscription Open: Mar 4 2007
Subscription Close:Mar 8 2007
Offer Price (Tk.):10.00
Market lot (Share):500
Public Offer (Share):6,000,000
Sponsors Portion (Share): 15,027,463
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): 4,000,000 shares
Total Paid up Capital (after IPO) (Tk.): BDT 250,274,630.00
Reason for Raising Capital: The proceeds of the shares from the Initial Public Offering (IPO) will be used for
Application Document Available at: CSE Library, CSE Member Houses, Banker to the issue, websites
Manager to the Issue: ICB Capital Management Ltd

 

ICB AMCL FIRST NRB MUTUAL FUND

Nature of Business: The main objective of the Fund is to invest in the capital and Money market of the country and to provide attractive dividend to the investors.
Subscription Open: Jan 28 2007
Subscription Close:Feb 11 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):900,000
Sponsors Portion (Share): 100,000
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): 100,000,000.00
Reason for Raising Capital: The main objective of the Fund is to invest in the capital and Money market of the country and to provide attractive dividend to the investors.
Application Document Available at: CSE Library, CSE Member offices, Banker to issue, ICB and websites.
Manager to the Issue: ICB Asset Management Company Limited

 

Shahjalal Islami Bank Limited

Nature of Business: Banking
Subscription Open: Jan 14 2007
Subscription Close:Jan 18 2007
Offer Price (Tk.):100.00
Market lot (Share):50
Public Offer (Share):9,358,250
Sponsors Portion (Share): 9,358,250
Multilateral Institutions (other than sponsors) (Share): none
Private Placement (Share): Nil
Total Paid up Capital (after IPO) (Tk.): 1,871,650,000
Reason for Raising Capital: 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: Prime Finance and Investment & Capital Market Services Ltd

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

Last modified on 1/14/2008