Active Fine Chemicals Limited

• Nature of Business: Active Fine Chemicals Ltd. was established in 2004 with a vision to share in local market for supply of bulk drug materials. The main objective of the company is to enter into fast growing pharmaceutical local market by providing highest quality products in the market at a  competitive price.
• Subscription Open: September 14, 2010
• Subscription Close: September 20, 2010
• For Non-Resident Bangladeshi: September 14, 2010 to September 29, 2010
• Authorized Capital: Tk. 1,000 million
• Pre- IPO paid-up Capital: Tk. 240 million
• Post IPO Paid-up Capital: Tk. 400 million
• IPO size: Tk. 160 million
• Face Value: Tk. 10.00
• Offer Price: Tk. 10.00
• Market Lot (Share): 500
• Use of IPO Proceeds: Proceeds from IPO of Tk. 16,00,00,000/- will be utilized for settled of Janata Bank Ltd. term loan, supporting of Working Capital and IPO expenses.
• NAV per share: Tk. 14.36 considering total number of shares 2,00,00,000 as on 31/12/2009. However, considering total number of shares 2,40,00,000 the same was Tk.11.97.
• EPS: Tk 0.51 for 3 months period from October to December 2009.
• Underwriters: ICB Capital Management Ltd., Eastern Bank Ltd., Janata Bank Limited
• Issue Manager: Janata Bank Limited
• Auditors: Khan Wahab Shafique Rahman & Co.
• Website: www.afchem.com