Raspit Data Management &
Telecommunications Ltd
Contact Details:
|
Contact Details:
|
Corporate Office
& Work Station
|
|
House: 55/A (2nd Floor), Road: 4/A
Dhanmondi, Dhaka-1209
|
Raspit Data Management & Telecommunications Ltd. A.K. Complex (3rd floor) 19, Green Road , Dhanmondi, Dhaka 1205
Tel: 02-8618983
|
At a Glance:
|
Date of
Incorporation
|
was incorporated in Bangladesh
as a Public Limited Company on 2nd
June, 1999 under the Companies Act,1994
|
|
IPO Offering Year
|
Issued public portion of shares
in 2001
|
|
Date of Listing in
CSE
|
21st March 2001
|
|
Nature of Business
|
The business of the company is Data Processing, Data
Entry, Web page Designing, Software Development and Hardware Sale.
|
|
Accounting Year
|
financial year ended 3oth June 2002
|
|
Date of Last AGM
|
The last AGM was held on 29th Dec’02
|
|
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:
|
Market Lot
|
500
|
|
Face Value
|
Tk 10
|
|
Close Price at the time of
Delisting
|
3.30
|
Board Of Directors:
|
Md. Abdur Razzak
|
Chairman &
Managing Director
|
|
Md. Ashraful Alam
|
Director
|
|
Lt. Col (Retd)
Serajul Islam
|
Director
|
Operational Status:
According to the Board of
Directors the demand for customer goods was weak. Additional pressure by forced
price cut of products due to unethical and unholy competition in the market as
an impact of free market economy is making it very different to survive in
today’s competitive market environment. And the future looks not so good unless
the national economic upliftment program is
undertaken with full political commitment.
Key Financial and
Operating Indicators:
|
Particulars
|
2008
|
2007
|
|
Authorized Capital 10,000,000shares @ tk
10 each
|
100,000,000
|
100,000,000
|
|
Paid-up-Capital 5,000,000shares @ tk
10 each
|
50,000,000
|
50,000,000
|
|
Net Worth
|
60,230,962
|
54,469,312
|
|
Working Capital
|
60,230,962
|
54,469,312
|
|
Debt to Equity (times)
|
0.00
|
0.00
|
|
NAV per Share
|
12.05
|
10.89
|
|
Turnover
|
19,102,960
|
19,427,344
|
|
Gross Profit
|
13,257,780
|
13,085,737
|
|
Net Profit/ (Loss) after Tax
|
10,761,650
|
10,588,476
|
|
Earning per Share
|
2.15
|
2.11
|
|
Dividend
|
10%cash
|
Nil
|
|
Net operating Cash Flow per share
|
2.10
|
(0.40)
|
Share Holding
Composition:
|
Particulars
|
No. of Share hold
|
%
|
|
Sponsors
|
2,500,000
|
50.00
|
|
Foreign Investor
|
245,000
|
4.90
|
|
Local Institution
|
125,000
|
2.50
|
|
ICB Investors Accounts Holders
|
62,500
|
1.25
|
|
General Public
|
2,067,500
|
41.35
|
|
Total
|
5,000,000
|
100
|
---------------------------------------------------------------------
Source: Annual Report for the year ended 3oth
June 2002