S.S. Steel Limited

Nature of business The principal activities of the company are manufacturing of Billet, MS-Rod, Iron Ingot, Deformed Rod, steel for the reinforcement of concrete (Ribbed Bar), Angel Bar and 500W steel.
Reason for IPO Particulars Amount (%) Plant & Machinery 214,312,500 (85.73%) Construction of new 4 storied building & 60 feet height steel structure shed 15,120,000 (6.05%) IPO Expenses 20,567,500 (8.22%) Total 250,000,000 (100.00%)
Subscription open 28 Oct 2018
Subscription close 07 Nov 2018
Subscription close for NRB 28 Oct 2018 to 07 Nov 2018
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS Tk. 1.20 for the period ended on June 30, 2017
NAV Tk. 15.35 as on June 30, 2017
Public offer
Major product S. S. Steel Limited has been set up to produce different types of MS-Bar (Rod). At present there are different varieties of products in relation to thickness and in category. The details of varieties of products are as follows:
Issue Manager Citizen Securities & Investment Ltd.
Website http://www.sssteel.biz/

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