Monday, January 24

Deshbandhu Polymer makes debut

FE Report (January 18, 2011)

Deshbandhu Polymer, a manufacturing company, made its debut in the capital market Monday. During the opening trading, Deshbandhu Polymer got good response from the investors. At the Dhaka Stock Exchange (DSE) each share price of the scrip ended in the opening trading day at Tk 70 compared to its face value of Tk 10. On the opening day each share value ranged between Tk 72 and 90.

Desbandhu Polymer, a manufacturer of pp oven bags and linear is 22nd engineering company to be listed in the premium bourse DSE. The paid up capital of the company is Tk 400 million. As per the last year's audited financial report, Deshbondhu Polymer's net profit stood at Tk 31.82 million with the Earning Per Share (EPS) of Tk 3.47.

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