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Internet Edition. November 10, 2008, Updated: Bangladesh Time 12:00 AM |
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BSRM goes public BSRM Group started its journey back in 1950 and has emerged as the largest leading industrial conglomerate in the steel sector of Bangladesh. The Group believes in continuous development and upgradation of its industries with the latest technologies and state-of-the-art machineries in satisfying its valued customers with its unparallel products. The Group concerns are ISO-9001 :2000 certified as well as its products are also tested and certified by BUET, BDS, etc. Based on the Group's commitment to maintain latest international standard the Group established BSRM Steels limited in 2002 and commenced commercial operation in April 2008 to become the largest reinforced bar manufacturing factory in the country with the rated capacity of 3,75,000 MT per annum. The world-leading manufacturer "Danieli Group" of Italy supplied the plant and its installation was done under their close supervision. The "Xtreme 500W" has already been well taken by the consumers and is treated as a brand name in its category in the said industry. BSRM believes participation of mass people in ownership to enhance transparency in its operation as well as to ensure social commitment. Last month the IPO of BSRM Steels was approved by the Securities and Exchange Commission. Subscription money of general applicants will be collected allover the country through eight leading banks from November 09, 2008 onwards to November 13, 2008. The applications from NRB applicants will be received by the Company in its Dhaka Office during the same period. The Company expects immense participation of the public in the IPO.
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