MJL Bangladesh Limited
Nature of Business
The company involves in the business of blending
and marketing of lubricants and greases.
Subscription Open January 02, 2011
Subscription Close January 06, 2011
For Non-Resident Bangladeshi January 02, 2011 to January 15, 2011
Authorized Capital Tk. 10,000 million
Pre- IPO paid-up Capital Tk. 1403.20 million
IPO size Tk. 400 million (at face value)
Post IPO Paid-up Capital Tk. 1803.20 million
Face Value per Share Tk. 10.00
Offer Price Per Share (Cut Off
Price) Tk. 152.40 (including a premium of Tk. 142.40)
Market Lot (Share) 100
Use of IPO Proceeds
MJLBL is continuously expanding its business by
availing new opportunities focusing on
downstream operations. The company intends to
raise the fund to undertake a number of potential
projects.
NAV per share:
The NAV per share of the Company was Tk. 10.85
for the year ended on 31 December 2009.The same
was Tk. 11.73 as on 31.03.2010.
EPS
The EPS of the Company was Tk. 11.48 and Tk.
2.45 for the year ended on 31 December 2008 and
2009 respectively. The same was Tk. 0.88 as on
31.03.2010.
Issue Manager
Prime Finance & Investment Limited
Registrar to the Issue Grameen Capital Management Limited
Auditors ACNABIN
Website www.mobilbd.com