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IPO Lottery Result of Summit Purbanchol Power will be available here when published.
Summit Purbanchol Power Co.. Ltd.
((As per Prospectus))
Nature of Business:
To set up power plants for generation and supply of electricity.
Subscription Open July 15, 2012
Subscription Close July 19, 2012
Subscription period for NRB July 15, 2012 to July 28, 2012
Authorized Capital Tk. 4,200,000,000.00 including redeemable
preference shares of Tk. 2,500,000,000.00
Pre- IPO paid-up Capital Tk. 762,802,130.00
IPO size in shares 30,000,000
IPO size in Tk. (including premium of Tk. 1,050,000,000.00) Tk. 1,350,000,000.00
IPO size in Tk. (at face value) Tk. 300,000,000.00
Post IPO Paid-up Capital Tk. 1,062,802,130.00
Face Value per share Tk. 10.00
Offer Price per share Tk. 45.00 (including a Premium of Tk. 35.00 per share).
Market Lot (Shares) 100
Use of IPO Proceeds:
Partial redemption of redeemable preference shares and Meeting up IPO expenses including NBR tax.
NAV per share Tk. 20.38 (considering revaluation reserve) and Tk. 17.66 (without revaluation reserve) as on December 31, 2011.
EPS Tk. 5.18 for the year ended on December 31, 2011.
Major Product: Generation and supply of electricity.
Issue Manager: Prime Finance Capital Management Limited
Auditors Rahman Rahman Huq
Website http://www.summitppcl.com
The Securities and Exchange Commission on 24 April 2012 has approved the IPO prospectus of Summit Purbanchol Power Company Ltd. It is a subsidiary of Summit Power Ltd. It will raise Tk 135 crore from public.
Using the fixed price method, Summit Purbanchol Power Company will float three crore ordinary shares of Tk 10 each at an offer price of Tk 45, including a premium of Tk 35, the SEC said in a statement.
EPS: TK. 5.18
NAV: TK. 21 according to its 2010 financial statements.
Summit Purbanchol Power Company has two power plants:
1. Rupganj Power Plant, Narayanganj, 33MW and
2. Jangalia Power Plant, Comilla, 33MW.
It will be the 14th company to be listed on the stockmarket in the fuel and power category.
Prime Finance Capital Management Ltd is the issue manager of the Summit Purbanchol Power Company's IPO.
Summit Purbanchol Power Co.. Ltd.
((As per Prospectus))
Nature of Business:
To set up power plants for generation and supply of electricity.
Subscription Open July 15, 2012
Subscription Close July 19, 2012
Subscription period for NRB July 15, 2012 to July 28, 2012
Authorized Capital Tk. 4,200,000,000.00 including redeemable
preference shares of Tk. 2,500,000,000.00
Pre- IPO paid-up Capital Tk. 762,802,130.00
IPO size in shares 30,000,000
IPO size in Tk. (including premium of Tk. 1,050,000,000.00) Tk. 1,350,000,000.00
IPO size in Tk. (at face value) Tk. 300,000,000.00
Post IPO Paid-up Capital Tk. 1,062,802,130.00
Face Value per share Tk. 10.00
Offer Price per share Tk. 45.00 (including a Premium of Tk. 35.00 per share).
Market Lot (Shares) 100
Use of IPO Proceeds:
Partial redemption of redeemable preference shares and Meeting up IPO expenses including NBR tax.
NAV per share Tk. 20.38 (considering revaluation reserve) and Tk. 17.66 (without revaluation reserve) as on December 31, 2011.
EPS Tk. 5.18 for the year ended on December 31, 2011.
Major Product: Generation and supply of electricity.
Issue Manager: Prime Finance Capital Management Limited
Auditors Rahman Rahman Huq
Website http://www.summitppcl.com
The Securities and Exchange Commission on 24 April 2012 has approved the IPO prospectus of Summit Purbanchol Power Company Ltd. It is a subsidiary of Summit Power Ltd. It will raise Tk 135 crore from public.
Using the fixed price method, Summit Purbanchol Power Company will float three crore ordinary shares of Tk 10 each at an offer price of Tk 45, including a premium of Tk 35, the SEC said in a statement.
EPS: TK. 5.18
NAV: TK. 21 according to its 2010 financial statements.
Summit Purbanchol Power Company has two power plants:
1. Rupganj Power Plant, Narayanganj, 33MW and
2. Jangalia Power Plant, Comilla, 33MW.
It will be the 14th company to be listed on the stockmarket in the fuel and power category.
Prime Finance Capital Management Ltd is the issue manager of the Summit Purbanchol Power Company's IPO.
