Saif Powertec Ltd ipo form and Prospectus Download from our website. Saif Powertec Ltd ipo approved by the securities regulator Bangladesh Securities and Exchange Commission on 15th April 2014.
The securities regulator BSEC approved Saif Power Tec Ltd ipo to raise it’s capital at Tk 360 million by offloading 12 million ordinary shares. This approval came Tuesday 15 April 2014 at a Securities and Exchange commission meeting held at the office of the BSEC.
Saif Powertec Ltd Prospectus
Saif Powertec limited is occupied in sales and services of construction, material handling and power production equipment in Bangladesh by exclusive agreements with world renowned producers. SAIF POWERTEC LIMITED is the registered & transformed to a Private Limited Company in 2003, before it was SAIF Powertec Corporation. You can download IPO Application form and Prospectus from www.saifpowertecltd.com.
Saif Powertec Ltd IPO Subscription:
Subscription open : 06 Jul 2014
Subscription close : 10 Jul 2014
Subscription close for NRB : 06 Jul 2014 to 19 Jul 2014
Saif Powertec Ltd IPO Market lot total 200 units and Single lot price = Tk. 6000.00
Saif Power Tec Limited will go public under the fixed price method, said a spokesman of BSEC. The Saif Power Tec will pass on 1.2 crore primary shares at an offer price of Tk 30, including a premium of Tk 20 for each tk.10 share to raise the fund, which will be used in its new manufacturing battery project.
ICB Capital Management will acts as issue manager of the Saif Powertec Ltd the initial public offering, the stockmarket regulator said in a statement.
Saif Power Tec Ltd earning per share Tk 3.01 and the net asset value (NAV) are of Tk 24.29, According to the financial report for the year ended on June 30, 2013. The company’s earnings per share (EPS), calculated as the five-year weighted average.
At present, 15 fuel and power companies are listed on the Dhaka Stock Exchange, accounting for about 15 percent of the total market capitalization. Saif Powertec Ltd IPO result will publish in our website.