Emerald Oil Industries Limited

Nature of business The Company is engaged in manufacturing of Rice Bran Oil by processing of Rice Bran collected from local Rice mills. In the processing of Rice Bran, De-oil Bran, Fatty Acid, Wax, Gum & Spent Earth are produced as by-product.
Reason for IPO Proceeds from IPO will be utilized Tk. 65,000,000 for working capital purpose, Tk. 120,000,000 for repayment of term Loan and Tk. 15,000,000 to meet IPO Cost.
Subscription open 06 Jan 2014
Subscription close 12 Jan 2014
Subscription close for NRB 06 Jan 2014 to 21 Jan 2014
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS
NAV
Public offer
Major product Rice Bran, De-oil Bran, Fatty Acid, Wax, Gum & Spent Earth
Issue Manager Alliance Financial Services Limited
Website www.spondonoil.com

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