Nature of Business: The Company is engaged in the manufacturing process of producing M.S. Billet from Steel Scrap & M.S. Rod from M.S. Billet and sales/export of the products and other business related thereto.
Subscription Open: February 02, 2012
Subscription Close: February 09, 2012
Subscription period for NRB: February 02, 2012 to February 18, 2012
Authorized Capital: Tk. 2,500.00 million
Pre- IPO paid-up Capital: Tk. 700.00 million
IPO size in shares: 20,000,000
IPO size in Tk.: Tk. 600.00 million (including premium of Tk. 400.00 million).
Post IPO Paid-up Capital: Tk. 900 million
Face Value per share: Tk. 10.00
Offer Price per share: Tk. 30.00 (including a Premium of Tk. 20.00 per share).
Market Lot (Shares): 500
Use of IPO Proceeds: GPH Ispat Limited will raise paid-up capital through Initial Public Offering (IPO) in order to meet the present business needs for the purpose of business augmentation and repayment of its debt to enhance profitability in the following way:
A. Loan Repayment: Tk. 58.80 Crore
B. Payment of Tax @ 3% on Share Premium: Tk. 1.20 Crore
NAV per share: Tk. 12.23 (considering face value of Tk. 10 per share) as on 30 April 2011.
EPS: Tk. 3.66 (considering face value of Tk. 10 per share) as on 30 April 2011.
Major Product: M. S. Billet & M. S. Rod.
Issue Manager: AAA Consultants & Financial Advisers Ltd.
Auditors: HODA VASI CHOWDHURY & CO.
Website: www.gphispat.com.bd
0 comments:
Post a Comment