Energypac Power Generation Ltd. (EPGL) was incorporated as a private limited company on July 15, 1995, vides registration number C-28822 (103)/95 under the Companies Act 1994. Subsequently, the company was converted to a public limited company on December 27, 2011. Energypac Power Generation IPO will commence on December 7. BSEC has allowed the proposal. Now, so many of you are eagerly waiting for the Energypac Power Generation IPO result.
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Energypac Power Generation IPO Prospectus
ENERGYPAC POWER Generation has become one of the leading Power Engineering Companies in Bangladesh. The authorized capital of the company is – BDT 5000,000,000 and the paid-up capital as of June 30, 2017, is BDT 1,498,696,500. It is an ISO 9001: 2008 certified organization.
Now because of Energypac Power Generation IPO, the company will raise 150 cores BDT from the Bangladesh stock market. They are going to expand the LPG business and the bank loan will be repaid by this IPO proceeds. It will also manage the expense of the IPO process.
From the consolidated financial report, we know that, when the fiscal year ended June 30, 2021, the company’s net asset value per share (NAVPS) with revaluation reserves is BDT 45.15 and NAVPS without revaluation reserves is BDT 30.20. LankaBangla Investments Limited, the issue manager of the company’s IPO, is responsible for the issue management of the company.
Energypac Power IPO Result 2022
ENERGYPAC POWER Generation IPO Ltd. Subscription Opens on December 07, 2021, and Close on December 13, 2021. Energypac Power Generation IPO Result will be published on 3rd January 2022.
Energypac Power Generation IPO Subscription Summary
On October 21, the Bangladesh Securities and Exchange Commission (BSEC) approved the company’s IPO proposal. The cut-off price of Energypac Power Generation shares has been fixed at Tk. 35 each through electronic bidding by eligible institutional investors held from September 21 to September 24.
The company will open 20,146,800 shares to the IPO participants, including general investors and non-resident Bangladeshis, at a 10% discount on the cut-off price, meaning the general investors will get the IPO shares at Tk. 31 each. On December 7, ENERGYPAC POWER Generation IPO results will be published.
About Energypac Power Generation Ltd
ENERGYPAC POWER Generation was founded in 1982 since then it has pulled out all the stops to help boost the power engineering business in Bangladesh. It eyes excellence in business to achieve techno-autarky of Bangladesh. Astoundingly, through relentless endeavor over the last two-plus decades ENERGYPAC POWER Generation is now deemed as a top power engineering business dome. Besides its routine biz, it hunts indigenous talents across the country and inducts them aboard its teams.
Hopefully, you have got all the information regarding the Energypac Power Generation IPO result. Each year Energypac Power Generation releases an IPO subscription. And like every year it is growing. Looking at all the previous year’s results, it is safe to bet on this company.