ACME Laboratories Ltd IPO Result & Application Information. The ACME Laboratories Ltd is set to raise capital from institutional and individual investors using the book-building method, a widely used initial public offering (IPO) mechanism. The five crore ordinary shares of Tk 10 each will be offloaded through used initial public offering system, and the raised funds will be used for setting up three new plants at Dhamrai in Savar, said Md Zahangir Alam, chief financial officer of Acme Laboratories.
ACME Laboratories Ltd IPO Result
ICB Capital Management is the issue manager of the company while Prime Capital Management is the registrar to the issue.
Acme Laboratories is the third firm to use the book-building system after the stockmarket regulator modified the pricing rules following the market crash of 2011.
As per newly amended public issue rules Bangladesh Securities Exchange Commission (BSEC) approved to offer ACME’s of the 5 crore IPO shares, 2.50 crore will be allocated for EIIs worth Tk. 2,130.00 million, 50 lac for mutual fund worth Tk.426.00 million and rest 2 crore shares will be offered to the general, affected and NRB investors worth Tk. 1540.00 million.
ACME Laboratories will use the IPO fund (Tk. 4,096.00 million) in implementing three new projects and to meet from IPO proceeds.
Nos. Of share offer for eii: 25,000,000
Nos. Of share offer for mutual fund: 5,000,000 nos.
Of share offer for individual investors: 20,000,000
Total value of ipo: tk. 4,096,000,000/=
Individual investors ipo value: tk. 1,540,000,000/=
ACME Laboratories IPO Subscription details:
The country’s oldest pharmaceutical company, ACME Laboratories Subscription opens from 11th April 2016 and close 21st April 2016.
Subscription open: 11 Apr 2016
Subscription close: 21 Apr 2016
Subscription close for NRB: 11 Apr 2016 to 21 Apr 2016
- Offer price 77.0
- Face value per share 10.0
- Market lot 100 units
- Single lot price 7700.0
The Company’s last five years (01-07-2010 to 30-06-2015) weighted average earning per shares (EPS) was Tk. 4.07 and Tk. 5.70 for the year ended on 30 June 2015. Net Assets Value (NAV) per share is Tk. 70.37 for the year ended on 30 June 2015.
Acme Laboratories Ipo Lottery Result
ACME Laboratories Ltd Ipo Result will be published on 15th May 2015 in our website. You can easily download you result from our website as well as Dhaka Stock Exchange official website.
The ACME Laboratories Ltd. is a leading company for manufacturing world-class and top-quality pharmaceutical products in Bangladesh. Through the outstanding knowledge, professionalism and commitment of more than 7,000 employees, then are consistently building upon our facilities, capabilities and also portfolio to meet the growing health care needs.
The pharmaceutical sector is now one of the fastest growing sectors in the country, with its average growth rate coming to 17.2 percent over the last five years and 13.1 percent over the last decade.
Acme Laboratories Limited Address:
|ACME’s modernized plant is located at Dhamrai, about 40 km N.W. of Dhaka, the capital of Bangladesh.|
Plant Address: Dhamrai, Dhaka, Bangladesh
Phone: +88 02 7730142, +88 02 7730816-7, +88 02 7730881-2
Fax: +88 02 7730141
|Corporate Office: ACME Laboratories Limited Court de la ACME|
1/4, Mirpur Road, Kallayanpur,
Dhaka 1207, Bangladesh.
Phone: +88 02 9004194-6, +88 02 9005620
Fax: +88 02 9016872, +88 02 9032475, +88 02 9016515
Web Address: www.acmeglobal.com
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