New IPO (Initial Public Offering) of New Year 2011

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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


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.


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


Issue Manager

Prime Finance & Investment Limited

Registrar to the Issue Grameen Capital Management Limited

Auditors ACNABIN


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