Summit Purbanchol Power Company Limited (SPPCL), sponsored by Summit Group and a subsidiary of Summit Power Limited (SPL), is one of the leading Bangladeshi Independent Power Producer (IPP) in Bangladesh in private sector providing power to national grid. SPPCL was incorporated in Bangladesh on August 15, 2007 as a Private Limited Company.
Initial Public offering (IPO) Lottery Draw of Summit Purbanchol Power Company Limited (SPPCL) will be held on Wednesday, 12th December, at Institute of Engineers (IEB), Ramna, Dhaka.
Click Here >>> Summit Purbanchol Power Company Limited
Summit Purbanchol Power Company Limited in the year 2009 has successfully established two power plants of 33 MW capacity each, for sale of electricity to Rural Electrification Board (REB) and Bangladesh Power Development (BPDB) on Build, Own and Operate basis at Rupganj, Narayanganj and Jangalia, Comilla respectively.
The parent Company, Summit Power Limited in the year 2001, has successfully established three power plants of 11 MW capacity each, for sale of electricity to Rural Electrification Board (REB) on Build, Own and Operate basis at Savar, Narshingdi and Comilla. During 2006 and 2007 in each of the above three places, 2nd unit was commissioned enhancing the capacity of SPL to 105 MW. In 2009 SPL with its two subsidiaries has established 4 new power plants raising its capacity to 215 MW.
In 2011 SPL has commissioned another power plant of 102 MW capacity at Narayanganj under Summit Narayanganj Power Limited. Considering the immense opportunities, the company is striving to establish more power plants around the country. The fast-growing company has set a mission to expand the company with a power generation capacity to the tune of 1000 MW, which is a modest 20% of the electricity requirement in Bangladesh.
Subscription Information:
Subscription Open November 11, 2012
Subscription Close November 15, 2012
Subscription period for NRB November 11, 2012 to November 24, 2012
Authorized Capital Tk. 4,200,000,000.00 including redeemable
Preference shares of Tk. 2,500,000,000.00
Pre- IPO paid-up Capital Tk. 762,802,130.00
IPO size in shares 30,000,000
IPO size in Tk. (including premium of Tk. 1,050,000,000.00) Tk. 1,350,000,000.00
IPO size in Tk. (at face value) Tk. 300,000,000.00
Post IPO Paid-up Capital Tk. 1,062,802,130.00
Face Value per share Tk. 10.00
Offer Price per share Tk. 45.00 (including a Premium of Tk. 35.00 per share).
Market Lot (Shares) 100
SPPCL IPO Result - Summit Purbanchol Power Company Limited IPO Result
Initial Public offering (IPO) Lottery Draw of Summit Purbanchol Power Company Limited (SPPCL) will be held on Wednesday, 12th December, at Institute of Engineers (IEB), Ramna, Dhaka.
Click Here >>> Summit Purbanchol Power Company Limited
Summit Purbanchol Power Company Limited in the year 2009 has successfully established two power plants of 33 MW capacity each, for sale of electricity to Rural Electrification Board (REB) and Bangladesh Power Development (BPDB) on Build, Own and Operate basis at Rupganj, Narayanganj and Jangalia, Comilla respectively.
The parent Company, Summit Power Limited in the year 2001, has successfully established three power plants of 11 MW capacity each, for sale of electricity to Rural Electrification Board (REB) on Build, Own and Operate basis at Savar, Narshingdi and Comilla. During 2006 and 2007 in each of the above three places, 2nd unit was commissioned enhancing the capacity of SPL to 105 MW. In 2009 SPL with its two subsidiaries has established 4 new power plants raising its capacity to 215 MW.
In 2011 SPL has commissioned another power plant of 102 MW capacity at Narayanganj under Summit Narayanganj Power Limited. Considering the immense opportunities, the company is striving to establish more power plants around the country. The fast-growing company has set a mission to expand the company with a power generation capacity to the tune of 1000 MW, which is a modest 20% of the electricity requirement in Bangladesh.
Subscription Information:
Subscription Open November 11, 2012
Subscription Close November 15, 2012
Subscription period for NRB November 11, 2012 to November 24, 2012
Authorized Capital Tk. 4,200,000,000.00 including redeemable
Preference shares of Tk. 2,500,000,000.00
Pre- IPO paid-up Capital Tk. 762,802,130.00
IPO size in shares 30,000,000
IPO size in Tk. (including premium of Tk. 1,050,000,000.00) Tk. 1,350,000,000.00
IPO size in Tk. (at face value) Tk. 300,000,000.00
Post IPO Paid-up Capital Tk. 1,062,802,130.00
Face Value per share Tk. 10.00
Offer Price per share Tk. 45.00 (including a Premium of Tk. 35.00 per share).
Market Lot (Shares) 100
SPPCL IPO Result - Summit Purbanchol Power Company Limited IPO Result
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