said a spokesman of Emerald Oil Industries limited. You will get Emerald Oil Industries IPO result from our website. Emerald Oil Industries Limited IPO approved by BSEC.
Emerald Oil Industries to issue two crore ordinary shares at an issue price of Tk 10 each and this company showed Tk 14.06 as net asset value per share and earning per share of Tk 2.85 in its financial statement for 30 June 2013. Emerald Oil ipo form was published in our website.
This company is a Public Limited Company and it was established in 2008 with a mission to produce edible oil for preparation of daily food of human being. Emerald Oil Industries Limited has grown up as one of the largest national private company being registered under the Joint Stock Company. Emerald Oil Industries Ltd. has been producing hygienic, nutritious and quality refined rice bran edible oil-Spondon from 2011. Rice bran is the main raw material for the project is available all over the country.
IPO Subscription opening date was 06 January 2014 and Subscription closing date 12 January 2014. Beside Subscription closing date was for NRB 06 January 2014 to 21 January 2014.
Emerald Oil Industries IPO result
Emerald Oil Industries Ltd. Authorized Capital =Tk. 1,000,000,000 , Pre-IPO paid-up Capita = Tk.270,000,000 , IPO size in shares = 2 0,000,000 , IPO size in Tk. at face value = Tk. 200,000,000, IPO size in Tk. at offer price Tk. 200,000,000, Post IPO Paid-up Capital = Tk. 470,000,000 and Market Lot (Shares) = 500.
Oil Industries Ltd. will be utilized Tk. 65,000,000 for working capital purpose, Tk. 120,000,000 for repayment of term Loan and Tk. 15,000,000 to meet IPO Cost. Its Issue Manager was Alliance Financial Services Limited and Auditors, Ahmed Zaker & Co.