Group MembersStudent Name Student ID
Tandra Das 1288
Rezaun Nessa Linza 1289
Monira Parvin 1299
Jakeea Shaeed Natasha 1300
S.M. Abdul Awal Pavel 1318
Afia Jahan 2278
Md. Enamul Hasan 2281
Md. Hasibul Islam 2835
Fareast Finance and Investment Ltd.• Incorporated in Bangladesh as a public limited company on June
21, 2001 under The Companies Act, 1994 • The company obtained license from Bangladesh Bank as a Non-Banking Financial Institution under the Financial Institution Act, 1993 on July 03, 2001 to operate as a leasing and financing company as provided under the relevant law
Trading Code FAREASTFIN
Issue Manager Grameen Capital Management Limited
Auditors Ahmed Zaker & Co. Website www.ffilbd.com Authorized Capital Tk. 2,000,000,000
Pre- IPO paid-up Capital Tk. 1,150,617,860
IPO size in shares 45,000,000 Post IPO Paid-up Capital Tk. 1,600,617,860
Offer Price per share Tk. 10.00 Face Value per share Tk. 10.00
Main Services Of FFIL
Term Finance
Lease Finance
Short Term Finance
Import Finance
Bond Discounting
Export Finance
Bridge Finance
Consumer Credit Scheme
Factoring
Deposits of FFIL
FFIL Sanirbhorota
FFIL Pension Plan
Shomriddhi
Subidha
Double Money Benefit Scheme
Triple Money Benefit Scheme
Lakhpati Scheme
Crorepati Scheme
Education Plan
Safollo and Supreme
5. Selection of Underwriters Total 11 Underwriters
4. Selection of Bankers to the Issue Total 14 banks (0.10% of the amount collected for
the services rendered to the issuer by them)
3. Completion of Valuation and Restructuring
M. M. Rahman & Co
2. Selection of Advisers 7 advisors
1. Appointing Issue Manager Grameen Capital Management Limited
Work Before the Consent
Work Before the Consent Cont’d
9. Agreement with CDBL Contract signed
7. Audit of Accounts Ahmed Zaker & CO.
6. Collection of NOC from Lenders NOC collected
8. Credit Rating Report Credit Rating Information and Services Limited (CRISL)
11. Refund Warrant Guarantee Guarantee made under rule 10 of the Public Issue Rules 2006
For Resident Bangladeshi- • Banker the Issue• Citibank, N.A.• Standard Chartered Bank• Account Payee cheque
For Non Resident Bangladesh-• Currency in which the value of securities
was paid
10. Approval from Sponsors Md. Anwer Hossian Khan Delwar Hossain Rana
Md. Azmat RahmanMd. Shamsul Islam
Md. Ershad Ullah
Work Before the Consent Cont’d
Work Before the Consent Cont’d
13. Application Submission Submitted to BSEC
14. Consent from BSEC Received 45,000,000 shares
Tk.10/share
12. Draft Prospectus Prepared
1. Submission of Prospectus Submitted with (RJSC)
Works after Consent
2. Announcement for the Investors June 13, 2013
3. Provide Full Prospectus 11 June 2013
4. Application for Listing June 19, 2013
5. Subscription Period July 14-18, 2013 for resident Bangladeshis
July 27, 2013 for non-resident Bangladeshis
6. Transaction Rate Spot rate at Sonali bank on July 14, 2013
7. In Case of Under Subscription Not applied
8. Approval of Listing September 04, 2013
To meet the compliance of the statutory requirement
of the company
Strengthening the capital base and liquidity of the
Company
FFIL will augment their business expansion as net proceeds of the present issue of 45,000,000 ordinary shares of Tk. 10.00 each at par, totaling Tk. 450,000,000 would be utilized
Investment
Industrial development
Leasing
Lending
Refinancing
Refund of high cost borrowing of the Company within 1 year of listing
FFIL
Refund of high cost borrowing of the Company within receiving proceeds from IPOGSP
This IPO process will augment business expansion as such proceeds of the present issue of 20,000,000 ordinary share of Tk.10.00 each at an issue price of Tk.25.00 per share including a premium of Tk. 15.00 per share totaling Tk. 500,000,000.00
Investment
Industrial development
Leasing
Lending
Refinancing
Particulars No. of Shares Face Value
Amount (taka)
Before IPO
Authorized Capital 200,000,000 10 2,000,000,000
Issued & Fully paid-up capital as per audited accounts as on31/12/2011
104,601,624 10 1,046,016,240
Raising of paid up capital 10,460,162 10 104,601,620
Total paid up capital before IPO (Considering 10% bonus share for the year 2011)
115,061,786 10 1,150,617,860
After IPO
To be issued as IPO 45,000,000 10 450,000,000
Paid up capital (Post IPO) 160,061,786 1,600,617,860
(raising of paid up capital by issuing10% bonus share which has been approved by SEC vide letter no.SEC/CI/CPLC-05/2001/1286 dated May 14, 2012)
FFIL
Particulars No. of Shares Face Value
Amount (taka)
Before IPO: Authorized Capital 100,000,000 10 1,000,000,000
Paid up capital as on 31st December 2010 2,159,850 100 215,985,000
*After denomination the face value into
Tk.10.00 the number of shares stand (a)
21,598,500 10 215,985,000
**Raising of paid up capital‐ 6,047,580 10 60,475,800
Total paid up capital before IPO (considering
28% bonus share for the year 2010) (a+b)
27,646,080 10 276,460,800
After IPO: To be issued as IPO 20,000,000 10 200,000,000Paid up capital (Post IPO) 47,646,080 476,460,800
(raising of capital by issuing28% bonus share which has been approved by SEC vide their letter no.
SEC/CFD/CPLC 29/2002/793 dated 3rd‐November, 2011) (b)
GSP
Fareast Finance and Investment Ltd.
GSP Finance
Offer Price/ Issue Price
Tk. 10 Tk. 25
Premium Tk. NIL Tk. 15
Issue Manager
The Grameen Capital Management Ltd.
ICB Capital Management Ltd.
Fareast Finance and Investment Limited issued 45,000,000
ordinary shares
GSP Finance Company (Bangladesh) Limited issued public offer of 20,000,000 ordinary
share