As per Dhaka Stock Exchange (DSE) news release, trading of the shares of aamra technologies ltd. (ATL) starts at DSE from July 4, 2012 under 'N' category. DSE Trading Code for Aamra Technologies Ltd. is "AAMRATECH" and DSE Company Code is 22647.
The Securities and Exchange Commission on 20th February 2012 had approved the initial public offering (IPO) prospectus of aamra technologies ltd (ATL) to raise Tk 51.77 crore from the public.
The IPO Lottery was conducted at the Seminar Hall of the Institution of Engineers (IEB), Ramna, Dhaka on 2nd May 2012. ATL IPO has been oversubscribed by more than 2.22 times and the subscription has been successfully completed.
Using the fixed price method, ATL has floated 2.15 crore ordinary shares of Tk 10 each at an offer price of Tk 24, including a premium of Tk 14.
With the proceedings from the IPO, the company will invest in setting up ATM and POS terminals. The company's earnings per share is Tk 2.61, while the net asset value per share is Tk 24.81, according to its 2010 financial statements.
ATL was incorporated in Bangladesh as a public company in February 3, 2010. ATL was previously known as Texas Electronics Ltd and was renamed on December 31, 2007. ATL is the sixth IT Company to be listed on the Bangladesh stock market.
About ‘aamra companies’
‘aamra companies’ is a leading player in the sectors of textiles and apparels, ICT and outsourcing, professional development and lifestyle in Bangladesh.
The group employs 450+ people, with annual turnover of BDT 2.1 billion recording a 30% yearly growth.
The 25 year old diversified group of companies started out as Texas Group. The name ‘aamra’ (the Bangla word of ‘We’) came about with its mission to empower customers, employees, partners and communities by providing the finest products, services and practices.
Combining unparalleled experience, cost-effective technology solutions, comprehensive capabilities across all industries and business functions, and extensive research, ‘aamra’ collaborates with clients to help them maximize their business potentials.
About ‘aamra technologies limited’
aamra technologies limited (ATL) was founded back in 1990 as a response to the emerging market trends of the Asia-Pacific region. Formerly known as Texas Electronics Limited, ATL has been heavily investing in capacity and technology to ensure long term sustainable growth and attain value-driven profitability.
Today ATL provides comprehensive IT solutions and services including Systems Integration, Information Systems Outsourcing, Core Banking Software, Switching & Networking Solution supply, Implementation & Maintenance to some of the largest and industry leading companies in Bangladesh.
Customized solutions with state-of-the-art technology backed by an impeccable customer support make services of ‘aamra technologies limited’ one of the most trusted technology partners in Bangladesh.
Major Achievements of ‘aamra technologies limited’
• Pioneer in ATM technology in Bangladesh with over 800+ ATM installations completed
• Market leader in Credit Card POS Terminal technology in Bangladesh with over 12,000 POS Terminals installed
• First private bank datacenter in Bangladesh through Juniper Systems
• Major Cisco deployments in Mobile Telecommunications
• Market leader in Security Pin Generation and Verification
• Market leader in Credit Card personalization solution