IPO of Golden Harvest Agro Industries Limited

Golden Harvest Agro Industries Limited
 (As per abridged version of Prospectus)  

Golden Harvest Agro Industries Ltd. IPO Result Published

Nature of Business
The  principal  activity  of  the  company  is  the  production  and
processing of frozen vegetables and snack foods in Bangladesh.
Major Product
Frozen  Ready  to  Cook  Snacks,  Frozen Ready  to  Cook  Vegetables,  Frozen
Ready to Cook Fishes.
Subscription Open 
December 23, 2012
Subscription Close   December 30, 2012
Subscription  period  for
NRB
December 23, 2012 to January 08, 2013

Authorized Capital  Tk. 1,000,000,000.00
Pre- IPO paid-up Capital
Tk. 350,000,000.00 
IPO size in shares
30,000,000
IPO  size  in  Tk.  at  face
value
Tk. 300, 000, 000.00 
IPO  size  in  Tk.  at  offer
price
Tk. 750, 000, 000.00 (including premium of Tk. 450,000,000.00).
Post IPO Paid-up Capital
Tk. 650,000,000.00 
Face Value  per share
Tk. 10.00 
Offer Price per share     
Tk. 25.00 (including a premium of Tk. 15.00 per share).
Market Lot (Shares)  300
Use of IPO Proceeds
Will  be  used  for  repayment  outstanding  loan  and  expansion  of
business activities to boost the profitability.
NAV per share                  
Tk. 25.53 (including revaluation reserve) as on  June 30, 2011
Tk. 18.65 (excluding revaluation reserve) as on June 30, 2011.
EPS
Tk. 4.72 for the year ended June 30, 2011.
Issue Manager             
Lead Issue Manager: Banco Finance and Investment Limited
Co-Issue Manager: Royal Green Capital Market Limited

Auditors
S.F. Ahmed & Co.

Website  www.goldenharvestbd.com