11:49 AM
Emerald Oil Industries IPO Result - www.spondonoil.com. Emerald Oil Industries Ltd. IPO lottery draw will be Thursday, 6th February, 2013 at Institute of Engineers Bangladesh (IEB), Dhaka on 10.00 am. As per final status. IPO over subscript about 44 times then IPO Size. Emerald IPO Subscription was 6-12 January 2014 for RB and and 6-21 for NRB.
Primary Status of IPO of Emerald Oil Industries Ltd.:
All concerned are hereby informed that the primary status of the IPO of Emerald Oil Industries Ltd.: Total amount of subscription (excluding NRB)=Tk.7,665,315,000.00 & Total No. of application=1,152,166. Total amount received from NRB Tk. 175,000,000.00 & Total application from NRB=35,000 up to 20 January 2014.
Emerald
Oil Industries Ltd. is producing rice bran edible oil, Spondon since
2011. Rice bran oil is one kind of oil that is extracted from the inner
husk of rice plants.
Emerald Oil Industries Ltd. is a 100% Refined Rice Bran Oil & 100% Pure, Clean company in Dhaka.
According to the prospectus, the IPO proceeds will be used to pay off loan taken from the banks, investment and IPO purpose.
As per financial statement ended on 30 June, 2013, EPS=2.85/- and NAV is 14.06/- of the company. Alliance Financial Service Ltd will act as a Issue manager of this IPO.
Company Address:
Jahan plaza (2nd Floor)
42 / 1-ka, Segun Bagicha
Dhaka-1000.
Primary Status of IPO of Emerald Oil Industries Ltd.:
All concerned are hereby informed that the primary status of the IPO of Emerald Oil Industries Ltd.: Total amount of subscription (excluding NRB)=Tk.7,665,315,000.00 & Total No. of application=1,152,166. Total amount received from NRB Tk. 175,000,000.00 & Total application from NRB=35,000 up to 20 January 2014.
According to the prospectus, the IPO proceeds will be used to pay off loan taken from the banks, investment and IPO purpose.
As per financial statement ended on 30 June, 2013, EPS=2.85/- and NAV is 14.06/- of the company. Alliance Financial Service Ltd will act as a Issue manager of this IPO.
Company Address:
Jahan plaza (2nd Floor)
42 / 1-ka, Segun Bagicha
Dhaka-1000.
- Telephone: 0171-3032085
website: www.spondonoil.com. - IPO Result Download:
Posted in: IPO Results
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