Summit Purbanchol Power Company Limited IPO Result- summitppcl.com

(SPPCL)- Summit Purbanchol Power Company Limited IPO Result- summitppcl.com. DSEBD.ORG.- Initial Public offering (IPO) Lottery Draw of Summit Purbanchol Power Company Limited (SPPCL) will be held on Wednesday, 12th December, at Institute of Engineers (IEB), Ramna, Dhaka.


The Summit Purbanchol Power Company Limited submitted revised initial public offering proposal to the Securities and Exchange Commission few month ago lowering the offer price from Tk 75 to Tk 45. The company, a subsidiary of Summit Power Limited, initially submitted an IPO proposal in November 2012 with the offer price of Tk 75 including Tk 65 as premium but in the latest proposal it set the premium at Tk 35.

The Summit Purbanchol power company received Tk 134.76 crore against public giving of Tk 120 crore. The company received Tk 133.14 crore from two.58 lakh general candidates while it received Tk 1.61 crore from 17,000 NBR applicants (till Nov 22).



Summit Purbanchol Power IPOThe Initial Public giving (IPO) subscription of Summit Purbanchol Power began on november 11 and all over Nov 24.

Using the fixed value methodology, the Summit Purbanchol power company offloaded 3 crore ordinary shares of Tk ten each at an offer value of Tk forty, together with a premium of Tk thirty every.

According the financial statement of 2010, the company’s earnings per share is Tk 5.18, whereas the net asset worth per share is around Tk twenty one.

Summit Purbanchol power company has 2 power plants — Rupganj powerhouse in Narayanganj and Jangalia powerhouse in Comilla, every of that generates 33MW power.

IPO Draw held only for mutual fund category.

Draw completed, download Result:



Mutual Fund
 

NON-RESIDENT BANGLADESH (NRB)
 
BANKCODE13


GENERAL INVESTORS  


or, Download From DSE



Subscription Open November 11, 2012
Subscription Close November 15, 2012
Subscription period for NRB November 11, 2012 to November 24, 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