Oimex Electrode Limited
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Nature of business
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Oimex Electrode Limited is engaged in manufacturing and
marketing of Welding Electrodes, Wire (G.I. Wire) and Tarkata (Nail)
in Bangladesh.
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Reason for IPO
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Capital machineries & equipments 85,000,000 (56.67%)
Partial loan repayment (Islami Bank
Bangladesh Ltd., Elephant Road Br.)
50,000,000 (33.33%)
IPO expenses 15,000,000 (10.00%)
Total 150,000,000 (100.00%)
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Subscription open
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05 Sep 2017
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Subscription close
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13 Sep 2017
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Subscription close for NRB
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05 Sep 2017
to 13 Sep 2017
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Offer price
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Tk. 10.0
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Face value per share
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Tk. 10.0
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Market lot
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500 units
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Single lot price
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Tk. 5000.0
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EPS
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Tk. 2.44 for the period ended on June 30, 2016
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NAV
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Tk. 14.87 as on June 30, 2016
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Public offer
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Major product
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The Company has three major products:
1. Welding Electrode of different categories
2. Wire (G. I. Wire) and
3. Tarkata (Nail)
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Issue Manager
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MTB Capital Limited
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Website
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https://oimexelectrodes.com
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