Barakatullah Electro Dynamics Limited (BEDL) IPO Lottery Result Will Be Publish

Barakatullah Electro Dynamics Limited (BEDL) company is a local and a group of Non-Resident Bangladeshi (NRB) entrepreneur with the foreign partner STEE Co. Ltd. come from Thailand as a private sector power generating company developed by a group of NRB investors. Barakatullah Electro Dynamics Limited (BEDL) company was incorporated in Bangladesh on 26th June 2007 as a Private Limited Company. BEDL on 25th September 2008 the Company was converted to a public limited company under the Company Act 1994. This company took part in the tendering process initiated by the Bangladesh Power Development Board (BPDB) and won the bid for implementing, generating, and supplying electricity from a 51 MW power plant at Fenchugong, Sylhet for a period of 15 years. BEDL signed an agreement for supply of electricity on rental basis with BPDB on 28th April 2008. For project financing the company appointed Infrastructure Development Company Limited (IDCOL) as a lead arranger to arrange a syndicated loan for the project. Accordingly a syndication loan facility for BDT 1250 million has been arranged from six financial institutes.

Prospectus of IPO

Application for general public

Application for NRB

IPO RESULT

General Public »

Non Residence Bangladeshi (NRB) »

Mutual Fund »

Bank Code »

Distribution Summary »

Next forth coming IPO is "Barakatullah Electro Dynamics Limited".

Nature of Business	The principal activity of the company is to set up power plants for generation and supply of electricity.
Subscription Open	March 06, 2011
Subscription Close	March 10, 2011
For Non-Resident Bangladeshi	March 06, 2011 to March 19, 2011
Authorized Capital	Tk. 3,000 million
Pre- IPO paid-up Capital	Tk. 660 million
IPO size	Tk. 200 million
Post IPO Paid-up Capital	Tk. 860 million
Face Value	Tk. 10.00
Offer Price	Tk. 60.00 (including a Premium of Tk. 50.00 per share).
Market Lot (Share)	200
Use of IPO Proceeds	Barakatullah Electro Dynamics Limited will utilize the net proceeds of public offer of Tk. 1,142,350,000.00 to pay off the Bank Loan and for IPO expenses of Tk. 57,650,000.
NAV per share	The Company has reported Net Tangible Assets Value Per Share is Tk. 11.70 as on 30.06.10.
EPS	The Company has reported EPS of Tk. 1.76 for the year ended on 30.06.10.
Major Product	At present generating and supplying electricity is the principal product/service of the company.
Issue Manager	Prime Finance Capital Management Limited
Auditors	Haque Shahalam Mansur & Co.
Website	www.bedlbd.com