BBS Cables Ltd

Nature of business The principal activities of the Company is to carry on the business of manufacturer, trader, buyer, seller, importers, exporters, dealers, distributor and retail in all kinds of aluminum cables, copper cables, silicon cables, optical fiber cables, power cables, rubber cables, railway signaling cables, welding cables and jelly-filled cables, automobiles cables, submersible cables, coaxial cables, flexible and house-wire cables (single and multi-core) and all other kinds of electrical, electronic, Tele-communication cables and wires
Reason for IPO Partial Loan Pay off (IDLC Finance Limited) 40,000,000 (20.00%) Acquisition of Plant & Machinery 98,000,000 (49.00%) Building & Other Civil Works 44,610,000 (22.30%) IPO expenses 17,390,000 (8.70%) Total 200,000,000 (100.00%)
Subscription open 23 May 2017
Subscription close 04 Jun 2017
Subscription close for NRB 23 May 2017 to 04 Jun 2017
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS Tk. 2.46 for the period ended on June 30, 2016
NAV Tk. 16.87 as on June 30, 2016
Public offer
Major product Aluminum Cables, Silicon Cables, Power Cables, Railway Signaling Cables, Jelly-filled Cables, FRLS Cables, Submersible Cables, Flexible Cables, Tele-communication Cables, Copper Cables, Optical Fiber Cables, HR-FRLS Cables, Rubber Cables, Welding Cables, Automobiles Cables, Coaxial Cables & Fire Resistance Cables.
Issue Manager Banco Finance and Investment Limited & ICB Capital Management Limited
Website http://www.bbscables.com.bd

BDIPO_ad_id