Exim Bank shares make dream debut
BSS, Dhaka
The transaction of shares of Export Import Bank of Bangladesh Ltd (EXIM) started at Dhaka and Chittagong bourses yesterday, creating an enormous demand among investors and raising price of each script to its highest at Tk 540 on the DSE and Tk 507 on the CSE.The share with initial value of Tk 130 per script opened at Tk 450 at the DSE and closed at Tk 505.75 per script, showing a rise by 405.75 percent and touched its highest level of Tk 540. The bank fulfilled all the necessary requirements to get listed with Dhaka and Chittagong stock exchanges with the authorised capital of Tk 1 billion and paid up capital of Tk 72,19,12,500. The face value of a share was Tk 100 and Tk 30 premium per share on the Initial Public Offering (IPO). As per the last un-audited half yearly accounts of the bank as on June this year, the bank reported net profit of Tk 19.42 crore with earnings per share (EPS) of Tk 61.86, based on pre-IPO paid up capital of Tk 31.39 crore.
| 
