Olympic Accessories Ltd. IPO Application Form And Result

Olympic Accessories Ltd.: IPO Application Form And Result


Bank/Branch Code

General Public

Non Residence Bangladeshi (NRB)

Affected Small Investors

Mutual Fund

Distribution of Refund Warrant

UPDATE: Total Applied Tk. 9,693.971 million agst. IPO value Tk. 200.00 million ie 48.47% excess. General + Affected+Mutual Fund applied Tk. 9,665.40 million and NRB Tk. 28.50 million. Applied through DSE stock broker Tk. 376.80 million, CSE stock broker Tk. 582 million and Merchant Bank Tk. 69.60 million and rest applied through Bank. (Source: Arthosuchak).

The Bangladesh Securities Exchange Commission (BSEC) approved IPO “Olympic Accessories Limited” on Wednesday 25 February 2015 on their 539 nos Board Meeting presided by BSEC Chairman Prof. M Khairul Hossain to issue 2.00 crore ordinary shares worth Tk 10 each.


Company Information, IPO Application Form, Prospectus & Result:

COMPANY NAME: Olympic Accessories Ltd. or called “OAL” is a 100% export-oriented backward Linkage accessories industry. Its product market based on buyer’s requirement. It supplies garment accessories to export oriented garments industry against Back to Back L/C and operated as deemed exporter. OAL was incorporated in Bangladesh as a private Limited Company with the issuance of incorporation  registration no.C‐49349 (1333)/2003 on 2003 by the Registrar of Joint Stock Companies & Firms.

NATURE OF BUSINESS: The principal activities of OAL are to carry on the business of manufacturing, processing, printing, cutting, sealing and assembling of all kinds of Carton, Poly Beg, Hanger, Elastic, Draw Cord, Back Board, Neck Board, Ribbon, Gum tape, Label, Twill Tape, Interlining, Bar code, Hangtag, etc (Source: website)

ASSOCIATES: Associate’s of  Olympic Accessories Lte are: 1) Navana Poly Packaging Ltd. 2) Riverside Apparels Limited, 3)Bay Poly & Packaging Ltd..

Olympic Accessories Ltd.  Registered & Head Office:
House # 54 (1st Floor), Road # 08, Block # D, Niketon, Gulshan 1, Dhaka 1212, , Bangladesh.
Phone: +880 2 9861878, Fax:+880 2 9862181, E-mail: info@olympicaccessoriesbd.com
Web Addresss: www.olympicaccessoriesbd.com
Factory: Bishia kuribary, Rajendrapur, Gazipur, Bangladesh

COMPANY EPS & NAV PER SHARE: As per company’s latest financial statement for the year ended on 30 June, 2014 Olympic Accessories stands Earning Per Shares (EPS) at Tk. 1.43 and Net Assets Value (NAV) per shares Tk. 16.34 respectively.

ISSUE MANAGER: PLFS Investment Ltd. and CAPM Advisory Limited are jointly working as the manager to the issue.

WHY PUBLIC OFFERING: Bangladesh Securities Exchange Commission (BSEC) approved IPO of above Co. on 25th February 2015. The Company’s will raise a fund worth Tk. 200.00 million for the purpose of construction of new factory building, purchasing machineries and IPO expenses meet from IPO Proceeds.

NOS. OF SHARE OFFER: 20,000,000 
VALUE OF IPO: Tk. 200,000,000/=
FACE VALUE: Tk. 10/=
SHARE ALLOTMENT: 60% for General Public, 20% for Small Affected, 10% for NRB and 10% for Mutual Fund.
SUBSCRIPTION DATE: The Company’s subscription will start from 19 April 2015 to 23 April 2015 and NRB till 2 May 2015. Application form coming soon.


Resident Bangladesh (RB) Form

Affected Form

NRB Form

Bank List

Stock Broker/Merchant Bank List

Application Back Page



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