HIT BANGLA

Bangla Hit Collection and Download Website

Silva Pharmaceuticals Limited: Company Information & IPO Result

Update: Silva Pharmaceuticals Limited subscription will start from 29 August’18 to 5 August’18

The Bangladesh Securities Exchange Commission (BSEC) approved IPO Silva Pharmaceuticals Limited on Monday, 11 June 2018 at their 647 nos Board Meeting. Presided over by BSEC Chairman Prof. Dr. M Khairul Hossain to issue 3.00 crore ordinary shares worth Tk 10 each. Company Information, IPO Application Form, Prospectus & Result is given below:

COMPANY INFORMATION:

Company Name: Silva Pharmaceuticals Limited. (Hereinafter referred to as “SPL”)
Incorporation: The Company was incorporated on 24 April 2001 as a private limited Company and was subsequently converted into a public limited company on 24 April 2014.
Commercial Operation: Silva Pharmaceuticals Limited was started commercial operation on 1 July 2003.
Authorized Capital: Tk. 1,500,000,000 divided into 150,000,000 ordinary shares of Tk. 10.00 each
Paid Up Capital (Before IPO): Tk. 1,000,000,000 divided into 100,000,000 ordinary shares of Tk. 10.00 each
Paid Up Capital (After IPO): Tk. 1,300,000,000 divided into 130,000,000 ordinary shares of Tk. 10.00 each

Silva Pharmaceuticals Ltd.

Management Body: 1) Mrs. Silvana Mirza, Chairman
2) Dr. Saira Khan, Managing Director & Director
3) Mrs. Samina Mirza, Director
4) Mrs. Farhana Mirza, Director
5) Md. Nazrul Islam Khan, Nominated by Investment Corporation of Bangladesh (ICB)
6) Mr. Monsur Rahman, Nominated by Adarsha Fisheries & Poultry Farm Ltd.
7) Md. Musfiqur Rahman FCA, Independent Director
8) Tanha Zarrin Ahmed , Independent Director

 

ABOUT THE ISSUER:

Silva Pharmaceuticals Limited has engaged in manufacturing and marketing of pharmaceuticals finished products in the categories of Antibiotics, Analgesics, Anti diabetics, Narcotics, Anti pyretic, Anti-inflammatory Drugs, Anti ulcerants, Antiemetic, Gastroprokinetic, Anti histamine, Anti spasmodic expectorants, Vitamins & Minerals medicines which is selling mainly in local market

PRODUCTS:

The Company has following products: Details Products List

NAME OF SUBSIDIARIES:

There is no subsidiaries company of Silva Pharmaceuticals  Limited.

 

ADDRESS:

Registered & Corporate Office :

House #65, Road # 8/A (New), Dhanmondi, Dhaka-1209.

Phone: +88-02-8129915, +88-02-9146009
Fax: +88-02-9146013
Email: info@silvapharma.com

Web Address: www.silvapharma.com
 
Factory:
1. Silva Pharmaceuticals Limited, Joykrishnapur, Main Road, Maijdee Court, Noakhali – Rented factory building &
2. Binodpur (former Gopai Ram Sankarpur), Maijdee Court, Noakhali -Owned factory building.
 

MAJOR FINANCIAL INFORMATION AS FOLLOWS:

Figure in Tk.’000

Particulars 30-06-17 (12 Months)
30-06-16 (13 Months)
31-05-15 31-05-14

31-05-13

  Restated
Revenue 602,492 628,766 503,877 493,935 395,148
Gross Profit 236,716 249,255 189,624 203,564 185,902
Net Profit before tax 123,763 114,961 79,935 78,914 71,794
Net Profit after tax 80,279 74,725 51,958 49,321 44,871
Total Assets 1,941,163 1,638,899 1,234,007 1,114,742 10,57,172
Share Capital 1,000,000 500,000 120,000 120,000 120,000
Retained Earnings 647,797 585,378 510,654 475,793 461,604
No. of Shares 100,000 50,000 12,000 12,000 12,000
Face Value 10.00 10.00 10.00 10.00 10.00
NAV per Shares 16.48 21.71 52.55 49.65 48.47
Earnings per Share 1.03 1.24 1.06 1.00 0.91

SILVA PHARMACEUTICALS LIMITED EPS & NAV:

As per the financial statement for the year ended on June 30, 2017, the company’s net asset value (NAV) without revaluation stood at Tk 16.48 per share and weighted average of EPS was Tk 1.03

Silva Pharmaceuticals Ltd.

ISSUE MANAGER:

Prime Finance Capital Management, Imperial  Capital Limited and SBL Capital Management Limited are jointly working as the manager of the issue.

WHY PUBLIC OFFERING:

Bangladesh Securities Exchange Commission (BSEC) approved IPO of above Co. on 11 June 2018. The companies will raise a fund worth Tk. 300.00 million.

Proceeds from Initial Public Offering (IPO) will be used for acquisition of Machinery & Equipment,
Construction and other civil works , loan pay off and for IPO Expenses

NOS. OF SHARE OFFER: 3,00,00,000
VALUE OF IPO: Tk. 300,000,000/=
FACE VALUE: Tk. 10/=
PREMIUM VALUE: Nil
MARKET LOT: 500
MINIMUM LOT VALUE:
Tk.5000/=
SHARE ALLOTMENT: 32% for General Public=19,200 lot and 8% for Affected Investors=4,800 lot, 40% for Eligible Investor (EI) =24,000 lot, 10% for NRB = 6,000 lot and 10% for Mutual Fund =6,000 lot.

** The Company will collect IPO money through BSEC new rules and the new rule is “BROKER HOUSE SHOULD COLLECT IPO MONEY ONLY”.

SUBSCRIPTION DATE:

The Company’s Subscription will start from 29 July 18 to 5 August 18.

DOWNLOAD IPO FORM HERE:

Res./EI./NRB Application Form

Silva Pharmaceuticals Limited: PROSPECTUS

 

DOWNLOAD LOTTERY RESULT HERE:

YET TO BE PUBLISHED

Stock Broker / Merchant Bank Code

General Public

Affected Investors

Non-Residence Bangladeshi (NRB)

Eligible Investors

Mutual Fund

THANK YOU FOR VISITING HITBANGLA.COM

Incoming search terms:

silva pharmaceuticals ltd ipo information, www Silvapharmaceuticals ipo information, ziaul roshan rikto

The Author

Leave a Reply

HIT BANGLA © 2018