National Feed Mill Ltd IPO Result, Application Forms

National Feed Mill Ltd IPO Result, Application Forms. National Feed Mill Ltd IPO subscription will be started from 26th October, 2014 to October 30 for Residence Bangladeshi (RB) and for Non-Residence Bangladeshi (NRB) it will continue up to 08 November, 2014.

National Feed Mill Ltd IPO Result, Application Forms

Earlier, the Regulator Bangladesh Securities and Exchange & Commission (BSEC) has been approved an IPO of National Feed Mill Ltd on August 26,  2014 in 525th borad meeting presided over by BSEC Chairman Khairul Hossain.

 

National Feed will offload 18 million ordinary shares at an offer price of 10/- (without any premium) per share by fixed price method. It will be the 2nd company by newly pilot project subscription system. It will raise a fund worth Tk 18core by offloading 1.8 core ordinary shares.

National Feed will use IPO fund for repayment of term loan (39.59%), Civil Construction for New Machinery (15.83%), Installation of 5MT/Hour Capacity Automatic Poultry Feed Machinery (25.97%), 500 KVA Standby Diesel Generator (3.64%), Working Capital (5.23%) and IPO expense purpose (9.74%).

As per lastest financial statement ended on December 31, 2013, Earnings per Share (EPS) is 1.86/- and Net Asset Value (NAV) per share is 14.55/ after revaluation.

ICB Capital Management Limited and PLFS Investments Limited will acts as issue manager of this IPO.

About the National Feed Mill Ltd:

Nature of Business: The Principal activity of this Company to carry on the business of manufacturing, producing, processing, buying, selling, converting of feed of poultry, fishery, duckery, cattle and pet animals.

Major Product : The Company produced or manufacturing quality feeds for consumptions of commercial poultry hatcheries & farms, fish hatcheries & farms, commercial cattle farms and pet animals.

Contact:

National Feed Mill Ltd
House # 20/B, Road  # 14,Sector# 4,
Dhaka,, Bangladesh 1230
info@nationalgroup-bd.com
Tel 880-2-8950643, 8950376
Fax 880-2-8950425
Web: www.nationalgroup-bd.com

National Feed Mill Ltd IPO Result, Application Forms below:

IPO Subscription details of National Feed Mill Ltd:

Lot 500, Face value Tk 10 , Offer price Tk 10/- Single lot price Tk 5000/-
Public issue of 18,000,000 Ordinary shares of tk10/-
Total Lots=36,000, EPS=1.86/-, NAV=14.55/-
Opening date for subscription: October 26, 2014
Closing date for subscription: October 30, 2014
For Non-Resident Bangladeshi, Closing date for subscription: November 08, 2014

IPO Prospectus and Application From Download :

Prospectus
Abridge Version Prospectus
Application- General Public
Application- NRB
Application- Affected Small Investors
Bankers to the issue

FC RATE FOR NRB

National Feed Mill Ltd IPO Result, Application Forms. Application Forms will be upload soon. We will also  publish National Feed Mill IPO result here.

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