Energypac Power Generation IPO

Energypac Power Generation IPO Result & Application Form Download. Energypac Power Generation Ltd is also known as EPGL. Energypac Power Generation Limited initial public offering worth amount Tk 41.82 crore got regulatory approval on Tuesday 05, January 2016 under fixed price method.

Energypac Power Generation IPO Result

the Bangladesh Securities and Exchange Commission approval Energypac Power Generation ipo will float its 1,67,30,200 shares at an issue price at Tk 25 including Tk 15 premium on each share.

Energypac Power will use the IPO fund for repayment of bank loan; meet up working capital requirements and IPO expenses. Energypac last five-year earnings per shares was Tk 2.91, while the net asset value per share stood at Tk 31.13 for the year ended on June 30, 2015.

Energypac Energypac Power Generation Limited’s the issue manager is IDLC Investments. Earlier, Energypac power had initiated to float its shares in the capital market under the book building method setting an indicative price at Tk 61 each share based on the offer price submitted by 28 entities.

SUBSCRIPTION DATE: The Company’s subscription date, Application form and Prospectus comming soon.

Subscription Open: ….

Subscription last date: ….

EPGL was incorporated as private limited company on July 15, 1995. subsequently; the company was converted to a public limited company on December 27, 2011. EPGL has become one of the leading Power Engineering Companies in Bangladesh. Currently, it is emerging as a first choice global supplier of electrical equipments.

“Energy works wonders” is EPGL’s motto. The company is committed to bring about these wonders into the lives of people with the good number advanced technology.

Energypac Power IPO Result Download

EPGL, however, did not consider offer price of more than 30 eligible institutional investors as the average offer price of the entities was Tk 41, Tk 20 less than the indicative price set by Energypac for regulatory approval for holding bidding for the discovery of cut-off price of its shares for public offering.

Energypac Power Generation Ltd. ADDRESS:

25, Energy Center, Tejgaon I/A, Dhaka-1208, Bangladesh.

Phone: +88-02-8870669, Fax: +88-02-8311929. Email: info@energypac.com. Web: www.energypac.com

If you any question about Energypac Power Generation IPO Result & its Application information then comments below or message us through facebook. We will reply very soon.