Author Topic: AGL -- Agritech Limited ( formely Pak American Fertilizer)  (Read 34596 times)

0 Members and 1 Guest are viewing this topic.

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #-1 on: March 04, 2010, 10:11:10 AM »
All About Agritech Limited
« Last Edit: February 05, 2012, 10:27:34 PM by M&M »
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Pakinvestorsguide

AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #-1 on: March 04, 2010, 10:11:10 AM »

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
Agritech Limited to go public
 
Ghulam Raza Rajani
KARACHI: Agritech Limited (formerly Pak American Fertiliser Limited) a wholly owned subsidiary of Azgard Nine Limited, has planned to offer ordinary shares to public from 11 to 13 March during banking hours.  As per details, company intends to offer 16.66 million shares with an offer price of Rs30 per share (including premium of Rs20 per share) with a greenshoe option of further 16.66 million shares. Furthermore, this IPO is fully underwritten.
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Offline jaz

  • Junior Member
  • **
  • Posts: 328
  • Thanks Received: 4
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #1 on: March 05, 2010, 03:06:32 AM »
Agritech Limited to go public
 
Ghulam Raza Rajani
KARACHI: Agritech Limited (formerly Pak American Fertiliser Limited) a wholly owned subsidiary of Azgard Nine Limited, has planned to offer ordinary shares to public from 11 to 13 March during banking hours.  As per details, company intends to offer 16.66 million shares with an offer price of Rs30 per share (including premium of Rs20 per share) with a greenshoe option of further 16.66 million shares. Furthermore, this IPO is fully underwritten.

If the offer is under subscribed, what will happen. will the underwriters buy the remaining amount. moreover what are its prospects. should one go for ipo.

Offline whiteshadow

  • Active Member
  • ***
  • Posts: 567
  • Thanks Received: 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #2 on: March 05, 2010, 09:51:11 AM »
OK JAZ... Firstly It's a Fertilizer IPO... Pakistan being an Agricultural country, fertilizer ka kubhi bhi under subscribed nahin hoga... very very slight chance. Laikin agar hoa bhi (which it won't  happen) then the under writer gives the guarantee to the company that it would buy the remaining shares. This means, if a company's ipo has been under written, it is guarantee to get the money. Hope that helps  :goodc: :thumbsup_anim:

Offline jaz

  • Junior Member
  • **
  • Posts: 328
  • Thanks Received: 4
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #3 on: March 05, 2010, 10:12:29 AM »
OK JAZ... Firstly It's a Fertilizer IPO... Pakistan being an Agricultural country, fertilizer ka kubhi bhi under subscribed nahin hoga... very very slight chance. Laikin agar hoa bhi (which it won't  happen) then the under writer gives the guarantee to the company that it would buy the remaining shares. This means, if a company's ipo has been under written, it is guarantee to get the money. Hope that helps  :goodc: :thumbsup_anim:
Thanks bro. if it is oversubscribed greenshoe option may be exercised. and in that case who is beneficiary..... perhaps anl...........

Toshi

  • Guest
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #4 on: March 05, 2010, 10:13:47 AM »
who is underwriter of Agritech?

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #5 on: March 05, 2010, 10:18:09 AM »
who is underwriter of Agritech?

ahl kasbsl etc
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Offline whiteshadow

  • Active Member
  • ***
  • Posts: 567
  • Thanks Received: 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #6 on: March 05, 2010, 10:34:49 AM »
OK JAZ... Firstly It's a Fertilizer IPO... Pakistan being an Agricultural country, fertilizer ka kubhi bhi under subscribed nahin hoga... very very slight chance. Laikin agar hoa bhi (which it won't  happen) then the under writer gives the guarantee to the company that it would buy the remaining shares. This means, if a company's ipo has been under written, it is guarantee to get the money. Hope that helps  :goodc: :thumbsup_anim:
Thanks bro. if it is oversubscribed greenshoe option may be exercised. and in that case who is beneficiary..... perhaps anl...........
Spot ON!!!  :banana:

Offline 007

  • Senior Member
  • *****
  • Posts: 8611
  • Thanks Received: 74
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #7 on: March 05, 2010, 10:57:24 AM »
koi brochure kay links

form kay links

provisional trading ki info hee day doo

Offline co2

  • Junior Member
  • **
  • Posts: 364
  • Thanks Received: 3
  • Rule No.1: Never lose money. Rule No.2:rem rule 1
    • View Profile
An investor without investment objectives is like a traveler without a destination.  ~Ralph Seger

Offline co2

  • Junior Member
  • **
  • Posts: 364
  • Thanks Received: 3
  • Rule No.1: Never lose money. Rule No.2:rem rule 1
    • View Profile
An investor without investment objectives is like a traveler without a destination.  ~Ralph Seger

Offline co2

  • Junior Member
  • **
  • Posts: 364
  • Thanks Received: 3
  • Rule No.1: Never lose money. Rule No.2:rem rule 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #10 on: March 07, 2010, 04:36:13 PM »
4 above link of DAWN NEWS go 2 pages 19 to 22 :banana:
An investor without investment objectives is like a traveler without a destination.  ~Ralph Seger

Offline 007

  • Senior Member
  • *****
  • Posts: 8611
  • Thanks Received: 74
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #11 on: March 07, 2010, 07:54:13 PM »
thanks co2 good work :speak_cool:

Offline co2

  • Junior Member
  • **
  • Posts: 364
  • Thanks Received: 3
  • Rule No.1: Never lose money. Rule No.2:rem rule 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #12 on: March 07, 2010, 11:59:10 PM »
should we go 4 IPO of Agritech Limited ?? :what4: :what4:
An investor without investment objectives is like a traveler without a destination.  ~Ralph Seger

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #13 on: March 08, 2010, 09:44:31 AM »
should we go 4 IPO of Agritech Limited ?? :what4: :what4:

this ipo is different from the ipo of fatima
agritech is already a profit making company and shares profits with shareholders
fatima productions is in doubt with no expectations of giving profits anytime soon

10m shares have been underwritten by ahl. y ?
« Last Edit: March 08, 2010, 09:52:26 AM by Farzooq »
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Offline niaz.ahmed

  • Junior Member
  • **
  • Posts: 145
  • Thanks Received: 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #14 on: March 08, 2010, 11:58:28 PM »
Is there any record of dividends given by agritech in the past. Many thanks

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #15 on: March 09, 2010, 09:12:10 AM »
Azgard Nine to launch IPO at Rs 30 per share

AHMED MALIK
KARACHI (March 09 2010): The Karachi Stock Exchange will witness another initial public offering (IPO) as Azgard Nine Limited (ANL) has announced to offer 83.333 million ordinary shares of Pak American Fertiliser Limited (PAFL) from its existing share holding in the company at an offer price of Rs 30 per share.

The listing of new companies at the stock exchange is said to be a positive trend. It would be the fourth initial public offering (IPO) during the current year as compared with only three IPOs during 2008. ANL is offering up to 24.99 percent of its shareholding in PAFL for sale at a fixed price of Rs 30/share to institutional investors and high net worth individuals through private placement, to be followed by an Initial Public Offering at the stock exchanges in Pakistan.

The ANL intends to raise Rs 2,500 million through the offer for sale of ordinary shares of PAFL. From its existing holding of 392.430 million ordinary shares, ANL may decide to increase the offered shares to 98.068 million under a green-shoe option for the IPO. In this regard, a presentation was arranged for members of Karachi Stock Exchange (KSE) in the auditorium of the exchange here on Monday.

Regarding the company, the audience were briefed that Azgard Nine Limited had created the fertiliser business through acquisition of 100 percent shareholding in Pak American Fertilisers Limited from the state owned National Fertiliser Corporation (NFC) in 2006 for Rs 16.1 billion ($269 million) under the privatisation program of the government, followed by acquisition of 100 percent shareholding in Hazara Phosphate Fertilisers Limited (HPFL), again through privatisation in 2008 for Rs 1.3 billion ($17 million) to achieve targeted diversification into phosphatic fertiliser business.

Significant value created post-acquisition through successful operational and financial restructuring by the new world-class management team. The presentation said that PAFL enjoys 7 percent share in the domestic urea market. Its ammonia and urea plants are located in District Mianwali with production capacity of 358,000 tons/annum, on track to an expanded capacity of 483,368 tons/annum by the first quarter of the calendar year 2010.

The HPFL has 63 percent share in the domestic market of single super phosphate (SSP) and its production facilities are located in district Hazara with production capacity of 90,000 tons/annum, on track to expansion to 162,000 tons/annum by the first quarter of 2010. JS Global Capital and Faysal Bank have been retained by ANL as Joint Financial Advisors and Arranger. JS Global is also mandated to act as Lead Manager for the IPO.
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Offline co2

  • Junior Member
  • **
  • Posts: 364
  • Thanks Received: 3
  • Rule No.1: Never lose money. Rule No.2:rem rule 1
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #16 on: March 09, 2010, 04:43:07 PM »
MR Farzooq ipo aply kerna chaye??? :skeptic:
An investor without investment objectives is like a traveler without a destination.  ~Ralph Seger

Offline 007

  • Senior Member
  • *****
  • Posts: 8611
  • Thanks Received: 74
    • View Profile

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 19920
  • Thanks Received: 196
    • View Profile
Re: AGL -- Agritech Limited ( formely Pak American Fertilizer)
« Reply #18 on: March 10, 2010, 09:33:35 AM »
MR Farzooq ipo aply kerna chaye??? :skeptic:

yes go for it
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Tags: