Bangladesh Zipper Industries Limited:
Contact Details:
|
Registered Office
|
Factory
|
Bangladesh Zipper Industries Ltd Karnapara Savar, Dhaka 1340 Tel: 02- 7710052-57 Fax: 02- 7710056 |
Karnpara, Savar
Dhaka-1340
|
At a Glance:
|
Date of
Incorporation
|
was formed and registered with
the Registrar of Joint Stock Companies and Firms of Bangladesh on 26th May 1990 as a
Private Limited Company and converted into public limited company on 4th December, 1994
|
|
IPO Offering Year
|
Issued public portion of shares in 1996
|
|
Date of Listing in
CSE
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29th
September, 1996
|
|
Nature of Business
|
The Company manufactures and
markets Polyester Zippers, Brass Zippers, Aluminum Zippers, Plastic Zippers
and Tape. All these are made of imported raw materials and the finished
Zippers are sold to both local and foreign market
|
|
Accounting Year
|
Financial year ended 30th June 2009
|
|
Date of Last AGM
|
The last AGM was held on 17th Dec’09
|
|
Date of Delisting
by CSE
|
The company has been delisted by
Chittagong Stock
Exchange Limited with the effect from 6th October 2009 as per SEC Directive No. SEC/CMRRCD/2001-16/168
dated October 01, 2009
|
Market Information:
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Market Lot
|
50
|
|
Face Value
|
Tk
100
|
|
Close Price at the time of
Delisting
|
45.00
|
Board of Directors:
|
Mr. Deokinandan Kejriwal
|
Managing Director
|
|
Mr. Ashok Kejriwal
|
Director
|
|
Mr. Uttam Kejriwal
|
Director
|
|
Mrs. Bhagwati Kejriwal
|
Director
|
|
Mrs. Kanchan Kejriwal
|
Director
|
|
Mrs. Kanchan Devi
Kejriwal
|
Director
|
Operational Status:
According to Directors report to
the Shareholders for the year ended 30th
June 2009, the company was gone through a devastating time because
of unsubstantiated news, yellow journalism, propaganda and rumors on the year
of 2002. Though, they have overcome the situations legally proving themselves
as innocent but still could not resume the business and banking facilities.
Key Financial and
Operating Indicators:
|
Particulars
|
2009
|
2008
|
|
Authorized Capital 15,00,000 shares @ tk
100 each
|
150,000,000
|
150,000,000
|
|
Paid-up-Capital 880,000 shares @ tk
100 each
|
88,000,000
|
88,000,000
|
|
Net Worth
|
(4,400,197)
|
(3,191,597)
|
|
Working Capital
|
(43,223,736)
|
(39,836,276)
|
|
Debt to Equity (times)
|
0
|
0
|
|
NAV per Share
|
(5.00)
|
3.63
|
|
Turnover
|
---
|
---
|
|
Operating Profit/ (Loss)
|
(4,151,768)
|
(4,593,028)
|
|
Net Profit/ (Loss) after Tax
|
(113,313,024)
|
(105,721,230)
|
|
Earning per Share
|
(8.63)
|
(7.76)
|
|
Dividend
|
Nil
|
Nil
|
|
Net operating Cash Flow per share
|
0.23
|
0.22
|
Share Holding
Composition:
|
Particulars
|
No. of Shares hold
|
%
|
|
Sponsors
|
300,000
|
34.09
|
|
General Public
|
232,886
|
26.46
|
|
ICB
|
308,559
|
35.06
|
|
Financial Institutions
|
38,555
|
4.38
|
|
Total
|
880,000
|
100
|
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Source: Annual Report for the year ended 30th June 2009