Jan
14

M.I. Cement Factory Limited IPO Lottery Result Draw & Refund

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M. I. Cement Factory Limited IPO Lottery Result Draw and Refund Policy:

Nature of Business:  The principal activities of MI Cement Factory Ltd. are manufacturing and marketing of Ordinary Portland Cement and Portland Composite Cement under “CROWN CEMENT” brand.
Subscription Open: January 09, 2011
Subscription Close: January 13, 2011
For Non-Resident Bangladeshi (NRB): January 09, 2011 to January 22, 2011
Authorized Capital of MI Cement Factory: Tk. 5,000 million
Pre- IPO paid-up Capital: Tk. 700 million
IPO size of M I Cement Factory LTd.: Tk. 300 million (at face value)
Post IPO Paid-up Capital: Tk. 1,000 million
Face Value per Share: Tk. 10.00
Offer Price Per Share (Cut Off Price): Tk. 111.60 (including a premium of Tk. 101.60)
Market Lot of M.I. Cement Factory (Share): 100
Use of IPO Proceeds: Estimated fund required for implementation of the expansion plan stands at Tk. 3,350,510,126 and the entire proceeds of the IPO shall be utilized for the proposed expansion.
NAV per share: The NAV per share of the Company was Tk. 37.01 for the year ended on 30 June 2009. The same was Tk. 15.78 as on 31 December 2009.
EPS: The EPS of the Company was Tk. 47.66 and Tk. 93.87 for the years ended on 30 June 2008 and 2009 respectively. The weighted average EPS was Tk. 47.40 as on 31 December 2009 (six months) – as per prospectus.
Issue Manager: Alliance Financial Services Limited
Registrar to the Issue: Banco Trans World (BD) Limited
Auditors: ACNABIN
Website: www.crowncement.com

M.I. Cement Factory Ltd. IPO lottery result will be draw very soon. MI Cement Factory Limited IPO Lottery Result and Refund Policy will be published here in this website (in this page) whenever it comes out. So bookmark this page and view every day if there is an update.

UPDATE DATE: 10.02.2011

Bank / Branch Code

Other than NRB (General Public)

Mutual Fund

Non – Resident Bangladeshi (NRB)

Distribution of Refund Warrant

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Categories : Bangladesh News

6 Comments

1

ipo result.

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2

mi cement kondin lottery hobe.

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3

When will draw mjl ipo lottery? Plz inform somebody.

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4

Boss When will draw mjl ipo lottery
?

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5

Sir,

When will be draw M. I. Cement ipo lottery?Please inform me.

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6

when will shares of mjl & mi cement come in share market? long time has passed after the result of ipo of mjl & mi cement published. how much time we have to wait for shares of mjl & mi cement in share market? what can we the share holders do?

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