New IPO: Salvo Chemical Industry Limited

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Nature of Business

The company has been established with a view to

producing and supply of different Chemicals for

local consumption.

Subscription Open January 30, 2011

Subscription Close February 03, 2011

For Non-Resident Bangladeshi January 30, 2011 to February 12, 2011

Authorized Capital Tk. 500 million

Pre- IPO paid-up Capital Tk. 141 million

IPO size Tk. 260 million

Post IPO Paid-up Capital Tk. 401 million

Face Value per Share Tk. 10.00

Offer Price Per Share Tk. 10.00

Market Lot (Share) 500

Use of IPO Proceeds:

The proceeds from Initial Public Offering will be

utilized to finance the expansion of the project and

loan repayment.

NAV per share: The NAV per share of the Company was Tk. 10.82

for the year ended on 31 December 2009.


The EPS of the Company was Tk. 0.53 and Tk.

0.91 for the years ended on 31 December 2008 and 2009 respectively.

Issue Manager: AAA Consultants & Financial Advisers Ltd.

Auditors:  S. F. AHMED & CO.


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