IPO subscription of Summit Power Purbanchol Ltd. from July 15

Summit Power Purbanchol Company Limited share of the money collected will be 225 Core.IPO subscription of Summit Power Purbanchol Company Ltd. will be started from July 15, 2012 and will be closed on July 19, 2012. For NRB applicants, it will remain open till July 28, 2012.Quantity of Share per lot 100. 

Face value is 10/= and offer price is 45/= including a premium of 35/=.The company's earnings per share is Tk 5.18, while the net asset value per share is around Tk 21, according to its 2010 financial statements.It will be the 14th company to be listed on the stock market in the fuel and power category.The Prime Finance Capital Management Ltd is the issue manager of the Summit Purbanchol Power Company's IPO.

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