Western Marine Shipyard Ltd IPO Lottery Result- www.wms.com.bd. Western Marine Shipyard Ltd IPO Lottery has been held on Sep 11, 2014 at Engineers Institute Dhaka. Western Marine Shipyard Ltd IPO Lottery Result has been published here. Western Marine Shipyard Ltd IPO Lottery Result will also be published on DSE and CSE website. Western Marine Shipyard Ltd IPO Subscription has already been completed. Western Marine Shipyard Ltd IPO Lottery over subscript 2.5 times than IPO size. Download Western Marine Shipyard Ltd IPO Lottery Result from below-
Download Western Marine Shipyard Ltd IPO Lottery Result Published
Bank / Branch Code
Other than NRB (General Public)
Mutual Fund
Affected Small Investors
Non – Resident Bangladeshi (NRB)
Distribution of Refund Warrant
Western Marine Shipyard Ltd IPO Application Form & Prospectus
Western Marine Shipyard Ltd IPO Approved:– Western Marine Shipyard Ltd IPO has been approved. The securities regulator Authority Bangladesh Securities and Exchange Commission (BSEC) approved the initial public offering (IPO) proposal of the Western Marine Shipyard Ltd on 03/06/2014 to raise Tk 157.5 crore through Initial Public Offering.
The approval of Western Marine Shipyard Ltd IPO came at a commission meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).
As per the regulatory approval, Western Marine Shipyard Ltd will float 4.50 crore ordinary shares of Tk 10 each at an offer price of Tk 35 each without a premium of Tk 25
The company has said in its prospectus, The proceeds will be used to develop infrastructure facilities, to repay term loans and for IPO expenses etc.
According to the company’s financial statement for the year ended on 30 June 2013, the company’s earning per share (EPS) and net asset value (NAV) are at Tk 3.87 and Tk 40.27 respectively.
Prime Finance Capital Management Ltd and ICB Capital Management Ltd, EC Securities Ltd are the issue manager of The Western Marine Shipyard Ltd IPO.
Western Marine Shipyard Ltd IPO Subscription: Western Marine Shipyard Ltd IPO subscription will start from August 10, 2014. Western Marine Shipyard Ltd IPO subscription period for General Public will from August 10, 2014 to August 14, 2014. Western Marine Shipyard Ltd IPO subscription period for NRB will from August 10 to August 23, 2014
Western Marine Shipyard Ltd IPO at a glance
Subscription: August 10 to August 14, 2014
Market Lot: 100 shares per share @ Tk 35Total Tk 3500/=
EPS: Tk 3.87 NAV: 40.27
General Public (60%): 2,70,000 lots
Affected Investors (20%): 90,000 lots
NRB (10%): 45,000 lots
Mutual Fund (10%): 45,000 lots
Total (100%): 4,50,000 lots
Bankers to the Issue of Western Marine Shipyard Ltd IPO:
BRAC Bank Ltd, National Bank Ltd, Commercial Bank of Ceylon, Dhaka Bank Ltd, Mutual Trust Bank Ltd, One Bank Ltd, City Bank Ltd.
Download Western Marine Shipyard Ltd IPO Application Form & Prospectus
Download General Public Application Form
Download Affected Investors’ Application Form
Abridged Version Prospectus of Western Marine Shipyard Ltd IPO
Foreign Currency Rate of Western Marine Shipyard Ltd IPO
