List
of companies/mutual fund that raised capital through Initial Public Offering
(IPO) during July 2000 to June 2001:
Figure in Million Taka
Sl
#
|
Name
of the Company
|
Total
Capital |
Sponsors
Equity
|
IPO
+ Placement
|
Total
(7+8+9) |
Remarks
Issued at premium |
Subscribed
amount Ref Col No 9 |
Date
of Subscription Opens: Closes: |
| |
|
|
Local |
Foreign |
Total |
General
Public (IPO) |
Foreign
placement |
Local
placement |
|
|
|
|
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
| 01. |
Raspit
Data Management & Telecommunications Ltd. |
50.00 |
25.00 |
- |
25.00 |
10.00 |
10.00 |
5.00 |
25.00 |
at
par |
105.83 |
05.11.00
09.11.00 |
| 02. |
Prime
Insurance Co. Ltd |
150.00 |
60.00 |
-- |
60.00 |
20.00 |
-- |
70.00 |
90.00 |
at
par |
86.085 |
07.11.00
21.11.00 |
| 03. |
Meghna
PET Industries Ltd |
120.00 |
77.25 |
_ |
77.25 |
10.00 |
_ |
32.75 |
42.75 |
at
par |
28.645 |
10-12-00
21-12-00 |
| 04. |
Dutch-Bangla
Bank Limited |
213.2025 |
120.00 |
60.00 |
180.00 |
15.00 |
0.960750 |
17.24175 |
33.2025 |
at
50% premium |
221.334 |
15-01-01
24-01-01 |
| 05. |
Hakkani
Pulp & Paper Mills Ltd |
190.00 |
110.00 |
- |
110.00 |
50.00 |
- |
30.00 |
80.00 |
at
par |
10.50 |
28-01-01
15-02-01 |
| 06. |
Rangamati
Food Products Ltd. |
30.00 |
10.00 |
-- |
10.00 |
10.00 |
-- |
10.00 |
20.00 |
at
par |
37.15 |
27.03.01
12.04.01 |
| 07. |
Pioneer
Insurance Co. Ltd. |
181.50 |
60.00 |
-- |
60.00 |
27.00 |
-- |
94.50 |
121.50 |
at
35% premium |
28.645 |
16.04.01
30.04.01 |
| 08. |
German
Bangla J.V Food Ltd. |
50.00 |
18.4286 |
6.5714 |
25.00 |
10.00 |
|
15.00 |
25.00 |
at
par |
40.725 |
10.05.01
17.05.01 |
| 09. |
Keya
Cosmetics Ltd. |
160.00 |
110.00 |
-- |
110.00 |
25.00 |
-- |
25.00 |
50.00 |
at
par |
248.151 |
11.06.01
14.06.01 |
| 10. |
Bangladesh
Online Ltd. |
260.00 |
115.00 |
-- |
115.00 |
20.00 |
*125.00
(Deb.) |
-- |
145.00 |
at
par |
|
09.07.01
10.07.01 |
| 11. |
Meghna
Condensed Milk Ind. Ltd. |
160.00 |
80.00 |
-- |
80.00 |
20.00 |
-- |
60.00 |
80.00 |
at
par |
|
11.07.01
12.07.01 |
| |
|
1564.7025 |
785.6786 |
66.5714 |
852.25 |
217.00 |
10.96075
(share) 125.00 (Deb.) |
359.49175 |
712.4525 |
|
|
|
Particulars
of the rights issues during FY 2000-2001
Figure in Million Taka
| Sl.
No. |
Name
of The Company |
Name
of The Issue Manager |
Date
of Subscription Opens: Closes: |
Amount
of Rights Issue |
Basis
of Rights Issue |
Issued
at par or at Premium |
Subscribed
amount |
| 01. |
Islami
Bank Bangladesh Ltd |
Bangladesh
Mutual Securities Ltd |
18-10-00
17-01-01 |
320.00 |
1:1 |
at
par |
315.232 |
| 02. |
Bangladesh
Thai Aluminium Ltd |
Swadesh
Investment Management Ltd |
26-11-00
29-01-01 |
83.8365 |
1:1 |
at
50% Premium |
83.8365 |
| Total |
403.8365 |
|
|
399.0685 |
On
16th April 2001 the Commission through gazette notification has withdrawn
the waiver of approval requirement of capital by the public limited companies
which was given earlier. If the capital requirement for existing
and fund to be raised by any public limited company exceeds Tk. 1.00 crore
consent of the Commission has been made mandatory.
Accordingly,
the Commission has accorded consent to the following capital raising
proposals of the companies other than public issue:
| Sl.
No. |
Name
of the company |
Number
of Shares |
Face
Value (Taka) |
Total
Taka (crore) |
Date
of approval |
Remarks |
Type
of shares |
| 01. |
Anlima
Textile Ltd. |
1,00,000 |
100.00 |
10.00 |
27/05/2001 |
At
par |
14%
redeemable preference share |
| 02. |
Self
Employment Finance Ltd. (Proposed) |
5,50,000 |
100.00 |
5.50 |
10/06/2001 |
At
par |
Ordinary
Share |
| 03. |
Fareast
Finance & Investment Ltd. (Proposed) |
5,00,000 |
100.00 |
5.00 |
17/06/2001 |
At
par |
Ordinary
Share |
| 04. |
Prime
Finance & Investment Ltd. |
5,00,000 |
100.00 |
5.00 |
27/06/2001 |
At
par |
Ordinary
Share |
In
order to operate the securities market in an orderly and transparent manner
the Commission has issued the following directives concerning initial public
offerings under section 2CC of the Securities and Exchange Ordinance, 1969
:
The
issuer shall not allow any discount or pay fee to the private placement
holders and underwriters shall not share underwriting fee received by them;
The
issuer shall furnish report to the Commission on utilization of IPO proceeds
within 15 days of the closing of each quarter and the Commission may employ
or engage any person to examine whether the issuer has utilized the proceeds
for the purpose disclosed in the prospectus;
Notwithstanding
anything contained in Public Issue Rules, 1998 regarding limitation of
time on closure of subscription, the subscription will remain open for
two days;
The
Prospectus shall be published in one national daily (widely circulated
preferably in Bengali). Provided that information relating to publication
of prospectus be published in two daily national newspapers (Bengali and
English);
The
company shall inform all successful applicants within 4 (four) weeks from
the date of subscription closing. At the same time unsuccessful applicants
will be refunded with application money within 4 (four) weeks from the
closing of subscription;
If
application money of unsuccessful applicants are refunded after 4 (four)
weeks, interest @ 5% above bank rate will be paid to them along with the
refund money.
COMPARATIVE STATEMENT ON DIVIDEND DECLARATION
STATEMENT A:
|
Criteria
|
FY
2000-2001
|
FY
1999-2000
|
| No.
of companies declared dividend |
121
|
87
|
| Range
of dividend (%) |
2.5-160
|
5-120
|
STATEMENT
B:
|
Criteria
|
FY
2000-2001
|
FY
1999-2000
|
| No.
of companies who did not declare dividend |
52
|
65
|
AGM
defaulted companies
| Defaulted
years |
Number
of companies |
| 1 |
6 |
| 2 |
4 |
| 3 |
3 |
| 4 |
1 |
| 5 |
1 |
| Total |
15 |
SEC
Annual Report,2000-2001
