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SK Trims publishes IPO lottery results

FE Report | June 13, 2018 00:00:00


SK Trims and Industries will allocate 30 million ordinary shares among the successful investors.

The IPO lottery draw was held at the auditorium of Institute of Engineers, Bangladesh (IEB) in Dhaka on Tuesday.

The result has been published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), issue manager and the company.

Under the fixed price method, SK Trims raised Tk 300 million from the capital market through the initial public offering (IPO).

SK Trims, which received approval from the Bangladesh Securities and Exchange Commission (BSEC) in February, floated 30 million ordinary shares at an issue price of Tk 10 each.

The IPO subscription of the company was opened on May 14 and closed on May 22 for resident and non-resident Bangladeshis.

The company will use the IPO fund for procurement of capital machinery, equipment and raw materials, and to meet up the IPO expenses.

As per the entity's audited financial statements for the year ended on June 30, 2017, the company's net asset value per share and weighted average earnings per share were Tk 12.79 and Tk 1.31 respectively.

The company's pre-IPO paid-up capital is Tk 400 million and authorised capital is Tk 1.0 billion.

SK Trims & Industries, which started its commercial operation in 2014, engaged in manufacturing of all kinds of swing thread, elastic, poly, carton, photo card, back board, bar code etc for export-oriented garments industry.

Imperial Capital Limited and BMSL Investment Limited are jointly working as issue manager of the company's IPO.

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PROVATIINS 20.4 22.4 20.0 22.4 9.8039%
BPML 110.3 121.3 110.3 120.1 8.8849%
QUEENSOUTH 46.6 51.0 46.6 50.4 8.1545%
PARAMOUNT 13.9 15.2 14.0 14.9 7.1942%
ACFL 58.4 64.0 59.1 62.6 7.1918%
PEOPLESINS 17.1 18.5 17.1 18.3 7.0175%
BENGALWTL 34.5 37.4 34.6 36.7 6.3768%
IFILISLMF1 7.5 8.0 7.6 7.9 5.3333%
FASFIN 11.4 12.2 11.3 12.0 5.2632%
FAREASTLIF 63.8 67.0 63.5 66.9 4.8589%
COMPANY YCP HIGH LOW CLOSE %CHG
BPML 121.3 121.3 110.3 110.4 9.8732%
PROVATIINS 22.4 22.4 20.0 20.4 9.8039%
DSHGARME 234.7 234.9 220.1 220.1 6.6333%
QUEENSOUTH 50.1 51.0 46.6 47.0 6.5957%
PARAMOUNT 15.0 15.2 14.0 14.1 6.383%
ACFL 62.6 64.0 59.1 59.1 5.9222%
HRTEX 52.5 52.5 48.4 49.8 5.4217%
RUPALIINS 19.8 20.4 18.6 18.8 5.3191%
TAKAFULINS 24.2 24.2 23.0 23.0 5.2174%
UNITEDINS 24.4 25.1 23.1 23.2 5.1724%
COMPANY YCP HIGH LOW CLOSE %CHG
PADMALIFE 27.4 25.1 22.0 22.9 -16.4234%
SAMATALETH 40.0 38.5 36.0 36.0 -10%
DULAMIACOT 20.2 19.9 18.2 18.3 -9.4059%
SHYAMPSUG 27.5 28.4 25.0 25.1 -8.7273%
KDSALTD 99.5 99.4 89.6 91.5 -8.0402%
SEMLIBBLSF 9.2 8.6 8.5 8.5 -7.6087%
ZEALBANGLA 33.5 34.0 30.2 31.1 -7.1642%
PROGRESLIF 67.4 63.0 62.4 62.7 -6.9733%
MEGHNAPET 14.6 15.2 13.2 13.6 -6.8493%
NATLIFEINS 170.2 171.6 159.0 160.5 -5.6992%
COMPANY YCP HIGH LOW CLOSE %CHG
ISNLTD 17.4 19.0 16.6 19.0 -8.4211%
ZEALBANGLA 30.9 34.0 30.2 33.5 -7.7612%
LIBRAINFU 733.3 808.0 730.0 795.0 -7.761%
KDSALTD 91.8 99.4 89.6 99.4 -7.6459%
SHEPHERD 33.4 36.7 33.1 35.9 -6.9638%
PADMALIFE 23.0 25.1 22.0 24.7 -6.8826%
SAMATALETH 36.0 38.5 36.0 38.5 -6.4935%
DHAKAINS 19.5 20.8 19.5 20.8 -6.25%
NATLIFEINS 161.0 171.6 159.0 171.6 -6.1772%
SAIHAMTEX 30.9 33.0 30.9 32.7 -5.5046%