Bangladesh Steel Re-Rolling Mills Limited (IPO) Subscription Date Start from February 01, 2015



Bangladesh Steel Re-Rolling Mills Limited produces a low carbon wieldable quality high strength and high ductility concrete reinforcing bar that is now extensively used all over Bangladesh. It produces 60 grade and 40 grade MS bars, angles, channels, I-beam, great-beam, etc. After the BMRE, it will also be able to produce 500 grade rebar. This company IPO subscription will be started from February 01, 2015 and will be closed on February 05, 2015. For NRB applicants, it will remain open till February 14, 2015. The face value of TK 10 per share value of company and offer price is TK.35 including a premium of taka 25. This ipo taka use of Proceeds from initial public offering (IPO) will be used for Payment of Retention Money (For Machinery) (Tk. 220,200,000), Finished Goods Storage Shed (Tk. 167,310,000), Loan Repayment (Tk. 204,000,000) and IPO Expenses (Tk. 20,990,000). Last financial year shows the EPS Taka 5.06 & Net asset value per share (NAV) taka 25.58.This company Issue Manager of Alliance Financial Services Limited. This Company Quantity of Share per lot 200.
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