Emerald Oil Industries Ltd IPO Forms & Prospectus – www.spondonoil.com. Bangladesh Securities and Exchange Commission (BSEC) approved IPO of Emerald Oil Industries Limited, that is ready to issue a pair of core common shares from public and can take twenty cores Bangladeshi monetary unit.
Emerald Oil Industries Ltd. has been manufacturing rice bran edible oil, Spondon since 2011. Rice bran oil is one reasonably oil that’s extracted from the inner husk of rice plants.
Emerald Oil Industries Ltd.
Emerald Oil Industries restricted is rice bran edible oil producer, possesses opportunities from the securities regulator to travel public. Emerald Oil Industries Ltd. Official web site is www.spondonoil.com.
The income are going to be used for compensation of term loan, IPO expenses and strengthening the capital base. Emerald Oil Industries Ltd. earnings per share were Tk2.85 and internet quality worth Tk14.06, as aforementioned by Company’s budget as of June thirty, 2013.
Emerald Oil IPO type
The securities regulator additionally penalized 2 brokerage companies – RN commercialism Ltd, member of the Dhaka stock market, and Jalalabad Securities Ltd, member of the city stock market Tk100, 000 every for short selling.
Short merchandising is that the selling of a stock that the vendor doesn’t own. A lot of specifically, a brief sale is that the sale of a security that isn’t owned by the trader, however that’s assured to be delivered. Alliance monetary Service Ltd can act as an Issue manager of this primary Public offer.
Emerald Oil Industries Ltd. IPO Subscription Information:
Subscription Start: 06th January 2014
Subscription Last Date: 12th January 2014
Subscription Last date for NRB: 06th January 2014 to 21th January 2014
Emerald Oil Industries Ltd. Offer price Taka. 10.0 per Face value (FV) per share Taka. 10.0 and as well as Market lot 500 units and Single lot price Taka. 5000.00.
Emerald Oil Industries Ltd . official Location:
Jahan plaza (2nd Floor),
42 / 1-ka, Segun Bagicha ,
Contact Number: 0171-3032085
Give Your FeedBack