The primary objective of the company is carrying out general insurance
business. SKICL provides the following insurance services: Fire & its Nature of Business allied perils Business, Marine Business, Engineering Business, Motor Business, Aviation Business and Miscellaneous Insurance Business. Security Trading Code SKICL BSEC’s Consent for IPO August 26, 2021 Issue Date of Prospectus September 02, 2021 Subscription Open October 03, 2021 Subscription Close October 07, 2021 For approved pension funds, recognized provident funds and approved Minimum Investment for EIs gratuity funds BDT 5,000,000 (Market Price) for other EIs BDT 10,000,000 (Market Price). Minimum Investment for general public BDT 20,000
Cut-off date for Minimum
Investment September 23, 2021
Authorized Capital BDT 1,000,000,000
Pre-IPO paid-up Capital BDT 240,000,000 IPO size in shares 16,000,000 IPO size in BDT at face value BDT 160,000,000 IPO size in BDT at offer price BDT 160,000,000 Post IPO Paid-up Capital BDT 400,000,000 Face Value per share BDT 10.00 Offer Price per share BDT 10.00 Particulars Amount (BDT) Government Treasury Bonds/Mutual 30,000,000.00 (18.75%) Funds Investment in Capital Market of 32,000,000.00 (20%) Bangladesh Use of IPO Proceeds Land/ Real Estate Assets 25,000,000.00 (15.63%) Investment in FDR with Scheduled 62,000,000.00 (38.75%) Commercial Banks/Corporate Bonds IPO Expenses 11,000,000.00 (6.87) Total 160,000,000.00 (100.00%) NAV per share BDT 21.09 as on December 31, 2020 EPS (Basic) BDT 3.93 for the year ended on December 31, 2020 Issue Manager(s) AAA Finance & Investment Limited Auditor Mahfel Huq & Co., Chartered Accountants Website www.senakalyanicl.com