| IPO Details |
| Company Profile |
| Summary of the Offer |
| Important Highlights |
| Important Dates |
| Advisers and Vendors |
| Historical Financials |
| IPO Prospectus |
| In the News |
| Name | Chams Nigeria Plc |
| Security Type | Ordinary |
| Ticker | CHAMS |
| Reuters Code | |
| ISIN | NGCHAMS00001 |
| Number of Employees | |
| Address | 8, Louis Solomon Close |
| Off Ahmadu Bello Way | |
| Lagos, Nigeria | |
| Website | www.chams.com |
| Phone | +234-1-2700070-5 |
| Fax | +234-1-2700079 |
| info@chams.com | |
| Nature of Business | Chams Nigeria limited was incorporated in 1985 as a computer maintenance and engineering company, and has grown to becom e a leading IT solutions company with pioneer status in smartcard technology. The company pioneered systems integration services, local area network in banks, companies, government agencies and parastatals in Nigeria. Chams, an acrony m for Computer Hardware And Maintenance Services, and a leading information Technology solution provider has gained sig nif icant mileage as a reputable smartcard technology outfit. A young entrepreneur, Demola Aladekomo, incorporated Chams in 1985. It started out at its inception as a Computer Engineering Company and for several years, operated from its he ad of fice at 33, Akerele Road, Surulere. By the time it moved to its new head office at 8, Louis Solomon Close, Victori a Isla nd, the company metamorphosed into a purely card Technology Solution Provider. |
| Offer Type | Private Placement |
| Offer Method | Offer for Subscription |
| Purpose | |
| Utilization of Proceeds | |
| Target Investors | |
| Par Value of each share | NGN 0.50 |
| Authorised Share Capital | 5,000,000,000 |
| Fully Paid Share Capital | 1,720,600,000 |
| Shares Offered for Sale | 2,000,000,000 |
| % of Fully Paid Shares Offered for Sale | 116.24% |
| Offer Price per Share | NGN 2.50 |
| Price Earning (PE) Ratio at Offer Price | |
| Dividend Yield at Offer Price | -- |
| Offer Open Date | Monday, Jan 07, 2008 |
| Offer Close Date | Wednesday, Feb 13, 2008 |
| Allocation Begin Date | Thursday, Feb 07, 2008 |
| Allocations End Date | Wednesday, Mar 26, 2008 |
| Results of Allocation Announced | Monday, April 14, 2008 |
| Dispatch of Share Certificates | Thursday, April 24, 2008 |
| Commencement of Trading on Nigeria Stock Exchange | Pending |
| Key Numbers | |
| Fiscal Year End | 31st December |
| Currency | -- (--) |
| Sales (in millions) | -- |
| 1 Year Sales Growth | -- |
| Annual Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Pre-Tax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Total DPS | -- | -- | -- | -- |
| Quarterly Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Cost of Goods | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Annual Balance Sheet Summary (in millions) | ||||
| -- | -- | -- | -- | |
| Cash & Equivalents | -- | -- | -- | -- |
| Total Current Assets | -- | -- | -- | -- |
| Total Liabilities | -- | -- | -- | -- |
| Share Holder Equity | -- | -- | -- | -- |
| Long Term Debt | -- | -- | -- | -- |
| Annual Consolidated Cash Flow (in millions) | ||||
| -- | -- | -- | -- | |
| Net cash flows generated from (used in) in operating activities | -- | -- | -- | -- |
| Net cash flows generated from (used in) in investing activities | -- | -- | -- | -- |
| Net cash flows generated from (used in) in financing activities | -- | -- | -- | -- |
Chams Nigeria plc Private Placement Memorandum |
| Chams Nigeria plc |