Shurid Industries Ltd IPO Result


The Securities regulator Bangladesh Securities and Exchange Commission (BSEC) on Tuesday, 1st April, 2014 approved an IPO of Shurid Industries Ltd to go for public worth Tk 14 crores to float 1.40 crore shares at offer value at Tk 10 without any premium.
The decision was taken at 514 a regular meeting of the commission.
Surid Industries will raise Tk 140 million with each of its shares being priced at ten taka each. It has not demanded any premium price on its shares.
 The Shurid Industries Ltd company will use the IPO fund to repaying bank loan, meet up capital and expenses of the IPO.

Shurid Industries Ltd Information At a Glance
      
                           2013     2012     2011      
EPS                     1.09     0.92       1.57
NAV                   14.11    13.03
Dividend


            .
As per the company’s financial statements, the earning per share (EPS) was 1.10/-

with net asset value (NAV) of 14.11/- per share.
Investment Corporation of Bangladesh (ICB) will acts as the issue manger of the surid industries IPO.

Resident People Form
Affected Form
NRB Form
Bankers to the Issue


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