Bangladesh Submarine Cable Company Limited (Forth Coming IPO Approved By SEC)

Nature of Business: The principal activities of the Company are to provide high capacity voice and data bandwidth to all-important places in Bangladesh to get benefit of all the IT related services.

Subscription Open: March 18, 2012

Subscription Close: March 22, 2012

Subscription period for NRB: March 18, 2012 to March 31, 2012

Authorized Capital: Tk. 10,000.00 million

Pre- IPO paid-up Capital: Tk. 875.09 million

IPO size in shares: 31,000,000

IPO size in Tk. (including premium of Tk. 775.00 million): Tk. 1085.00 million

IPO size in Tk. (at face value): Tk. 310.00 million

Post IPO Paid-up Capital: Tk. 1185.09 million

Face Value per share: Tk. 10.00

Offer Price per share: Tk. 35.00 (including a Premium of Tk. 25.00 per share).

Market Lot (Shares): 100

Use of IPO Proceeds: To meet the Repayment of IDB Loan, IPO Cost, Working capital requirements.

NAV per share: The Company has reported Net Tangible Assets Value Per Share is Tk. 17.55 (considering revaluation surplus) and Tk. 15.69 (without considering revaluation surplus) as on June 30, 2011.

EPS: The Company has reported EPS of Tk. 3.49 for the year ended June 30, 2011.

Major Product: BSCCL has Submarine Cable Landing Station located at Jhilongja, Cox's Bazar from where Backhaul Service Provider (presently only BTCL) is connected. Clients can connect their fiber optic cable for IPLC (International Private Leased Circuits) service from colocation centers
(Presently at Chittagong, Mohakhali, Dhaka and Moghbazar, Dhaka) of Backhaul Service Provider.

Issue Manager: ICB Capital Management Limited

Auditors: Hoda Vasi Chowdhury & Co.

Website: www.bsccl.com.bd

0 comments:

Post a Comment