Full IPO Result

The IPO lottery draw of Islami Insurance Bangladesh Limited held on 14 September, 2009.

To see the result click your Category or Bank link below

12 NON RESIDENT BANGLADESHI

Bank Code

01 SOUTHEAST BANK LIMITED

02 SOCIAL INVESTMENT BANK LTD.

03 NATIONAL CREDIT AND COMMERCE BANK LTD.

04 NATIONAL BANK LIMITED

05 STANDARD BANK LIMITED

06 BANK ASIA LIMITED

07 ONE BANK LIMITED

08 THE CITY BANK LIMITED

09 INVESTMENT CORPORATION OF BANGLADESH (ICB)

10 DHAKA BANK LTD.

11 INVESTORS ACCOUNT (I/A)

13 MUTUAL FUNDS

Refund Warrants and allotment latter

About Islami Insurance

Islami Insurance Bangladesh Limited (IIBL), the first General Insurance (Takaful) Company based on the Islami Shariah was registered and established under the Bangladesh Company Act, 1994 and the Bangladesh Insurance ct. 1938 on 29th December, 1999 to transact all sorts of general Takaful business. The Company started functioning from 1st January, 2000.

Islami Insurance Bangladesh Limited (IIBL) was incorporated in Bangladesh in the year of 1999 as a 3rd generation Insurance Company based on Islamic Shariah. The Company carries insurance activities through its thirty eight (38) Branches in the country. The activities of the company encompass a wide range of insurance services including Fire Insurance, Flood Insurance, Cyclone Insurance, Marine Insurance, Motor Insurance, Others etc.

IPO Information

Subscription Open August 16, 2009

Subscription Close August 20, 2009

For Non resident Bangladeshi August 16, 2009 to August 29, 2009

Offer Price (Tk.) 100.00

Face Value (Tk.) 100.00

Market lot (Share) 50

Sponsors Portion (Share) 600,000

Public Offer (Share) 900,000

Total Issued Shares 1,500,000

Total Paid up Capital (after IPO) Tk. 150,000,000.00

Reason for IPO: To strengthen the capital base of the Insurance and augment

business expansion. The fund raised through public issue will be

used for investment.

EPS (as per prospectus) 18.00 (as on 31.12. 2008)

NAV per share (as per prospectus) 145.12 (as on 31.12 . 2008)

Manager to the Issue AAA Consultants & Financial Advisers Ltd.

Co-Issue ManagerBay Leasing & Investment Ltd.

Application Document Available at: DSE & CSE Library, DSE Members house, Issue Manager,

Underwriter and designated banks.

Website www.islamiinsurance.com

>

Brief Overview of the Company :

1. Date of Incorporation : October 25, 1999.

2. Commencement of business : October 25, 1999.

3. Authorized Capital : Tk. 250 million

4. Paid up Capital : Tk. 60 million

5. Number of Branches : 38

>

Board of Directors:

Al-haj Mohammad Sayeed Chairman

Al-haj M. Tajul Islam Vice Chairman

Al-haj Md. Ismail Nawab director

Tofazzal Hossain Director

Shayla Parbin Director

Samira Azim Director

Al-haj Md. Abdul Halim Director

Nur Mohammad Mamun Director

Anjumon-Ara-Begum, Director

Gazi Belayet Hossain Director

Ashma Nur Director

Al-haj Mohammad Director

Abdul Hannan Director

Mohammad Murtaza Kamal Director

Nostaren Jamila Director

Upcoming IPO in Bangladeshi Share Market