Nature of business | The principal activity of the Company is to set up power plants for generation and supply of electricity. Now the company is operating 3 plants in different location with aggregate production capacity of 66MW. |
Reason for IPO | A. Project Implementation Co-Generations and Water Treatment and Purifying Unit Equipment 26,000,000 (4.48%) Building foundation and Other Constructions 116,000,000 (20.00%) Testing and Commissioning (Lube oil) 50,000,000 (8.62%) Emergency Spare Parts 50,000,000 (8.62%) Fuel Storage Tank at Plant 17,000,000 (2.93%) Power Evacuation 16,000,000 (2.76%) Sub Station 60,980,000 (10.51%) Rent for Fuel Storage tank in Chittagong 33,000,000 (5.69% Loan Repayment 190,000,000 (32.76%) B. IPO Expenses 21,020,000 (3.63%) Grand Total (A +B) 580,000,000 (100.00%) |
Subscription open | 08 Feb 2016 |
Subscription close | 16 Feb 2016 |
Subscription close for NRB | 08 Feb 2016 to 16 Feb 2016 |
Offer price | Tk. 29.0 |
Face value per share | Tk. 10.0 |
Market lot | 200 units |
Single lot price | Tk. 5800.0 |
EPS | Tk. 2.25 for the year ended on June 30, 2015 |
NAV | Tk. 35.88 (with revaluation) and Tk. 22.17 (without revaluation) as on June 30, 2015. |
Public offer | |
Major product | Generation and supply of electricity is the only product of the Company. |
Issue Manager | Alliance Financial Services Limited and ICB Capital Management Limited |
Website | www.doreenpower.com |