Beacon Pharmaceuticals Ltd------- Prospectus

BEACON
Light for Life
ISSUE SIZE AND PURPOSE OF THE PUBLIC OFFERING
FINANCIAL STRUCTURE OF THE COMPANY
The Financial Structure of the Company as follows:
Particulars No. of shares Face Value (Taka) Amount in Taka
Before IPO
Authorised Capital ordinary shares of
Tk. 10 each
250,000,000 10.00 2,500,000,000.00
Paid-up Capital as on 30.06.2009 60,000,000 10.00 600,000,000.00
Paid-up Capital as on 24.09.2009 160,000,000 10.00 1,600,000,000.00
Paid-up Capital as on 30.12.2009 190,000,000 10.00 1,900,000,000.00
Total Paid-up before IPO 190,000,000 10.00 1,900,000,000.00
After IPO
To be issued as IPO 30,000,000 10.00 300,000,000.00
Total no of shares (post IPO) 220,000,000
Paid up capital (post IPO) 2,200,000,000.00
Use of IPO Proceeds
Use of IPO Proceeds
Amount (Tk.)
IPO Proceeds 300,000,000
Less: IPO expenses (approx.) 16,033,500
Net IPO Proceeds 283,966,500
Working Capital Requirement 283,966,500
INFORMATION ABOUT THE COMPANY
Corporate Status and Background
Beacon Pharmaceuticals Limited (BPL) is a public limited company, which was incorporated in Bangladesh on 12
September 2001 as private limited company with the Registrar of Joint Stock Companies and Firms, Dhaka,
Bangladesh under the Companies Act 1994 with a mission to improve the quality of human life by providing
innovating pharmaceutical products through continuous research and development and by ensuring stakeholders
satisfaction.
The company went into commercial operation on 01 September 2006 by using its two or three product lines. The
status of the company was covered from Private Limited to Public Limited Company on 25th February 2008. The
Authorized Capital of the Company as of 30 April 2009 is Tk.250, 00,00,000 divided into 25,00,00,000 ordinary
shares of Tk. 10.00 each. The paid-up share capital as of the same date was Tk 60,00,00,000 divided into
6,00,00,000 ordinary shares of Tk.10.00 each. Subsequently the Company issued 100,000,000 ordinary shares of Tk.
10.00 each amounting to Tk. 1,000,000,000.00 on 24.09.2009 which consent has been accorded by the Securities
and Exchange Commission on 04.08.2009 and issued 30,000,000 ordinary shares of Tk. 10.00 each amounting to Tk.
300,000,000.00 on 30.12.2009 which consent has been accorded by the Securities and Exchange Commission on
25.10.2009. Considering the above events, the paid-up capital before IPO stands at Tk. 1,900,000,000.00.
PROSPECTUS
10
The register office of the Company is situated at 153-154 Tejgaon Industrial Area, Dhaka-1208 and the factory is
located at Kathali, Bhaluka, Mymensingh.