SOLOMON Stockbrokers

INDUSTRY: Investment

ISN: TZ1996103010

DATE LISTED: March 2018

IPO PRICE (TZS): 400

website: www.tcciainvest.co.tz/

The TCCIA Investment PLC (TICL) was incorporated on November 9, 1999, under Certificate of Registration No. 38280. It is a public limited liability Company established under the sponsorship of and pro-actively promoted by the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) to expand its financing sources.

INDUSTRY: BANK

ISN:TZ1996100305

DATE LISTED: 17th June 2009

IPO PRICE (TZS): 150

website: www.crdbbank.co.tz/

CRDB Bank Plc is an African bank and a leading Financial Services Provider in Tanzania with current presence in Tanzania and Burundi, East Africa.

The Bank was established in 1996 and it listed its 2,176,532,160 shares in Dar Es Salaam Stock exchange (DSE) in June 2009 at an IPO price of  TZS 150 per share.

CRDB Bank offers a comprehensive range of products such as Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of over 120 branches, over 400 ATMs, 15 Depository ATMs, over 13 Mobile branches and 984 Point of Sales (POS) terminals.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996100214

DATE LISTED: 16thSeptember 2008

IPO PRICE (TZS): 

website: www.dcb.co.tz/

DCB was registered as a Limited Company on 6th September 2001. In April 2002, DCB started business as a regional microfinance institution. On 12 June 2003 the bank was issued with a license to carry out banking business as Dar es Salaam Community Bank Limited. In 2005, after only 3 years of its operation, DCB broke-even. In 2008, DCB became the first bank in Tanzania to be listed to Dar es Salaam Stock Exchange (DSE) at an IPO price of 275 where by it listed 67,827,897 shares. In February 2012, the Bank changed its name from Dar es Salaam Community Bank Plc to DCB Commercial Bank plc  and in July 2012, the bank was issued with a license to carry out banking business country wide as a fully-fledged Commercial Bank.

INDUSTRY: FINANCIAL

ISN: TZ1996102434

DATE LISTED: 12th July 2016

IPO PRICE (TZS): 500

website: www.dse.co.tz/

DSE is a market place where buyers and sellers of financial instruments meet. The Exchange is the secondary leg of Capital Markets that help avail long term and affordable capital to companies (productive users) from investors (idle holders/savers) with investment motives.

DSE was incorporated in 19 September 1996 and trading started in April 1998. The exchange became operational on 15 April 1998 with TOL Gas Limited listing as the first company followed by the Tanzania Breweries Limited (TBL) during the same year.

On 29 June 2015 the Dar-es-Salaam Stock exchange re-registered to become a public limited company after issuing 15,000,000 shares to the public at an IPO price 500.

INDUSTRY: Agricultural

ISN: TZ1996103804

DATE LISTED:  23 November 2020

IPO PRICE (TZS): 500/=

website: www.jatukilimo.com/about/

JATU PLC is a Tanzanian company involved with Agriculture, industries and markets, it was registered on 20th October, 2016. The core Vision of JATU PLC is to become a leading public company in producing quality products and good services within and beyond the country, and to create employment opportunities to Tanzanians, intended to enhance income for individuals and maximize government revenues. As its Mission to achieve its Vision, JATU PLC is dedicated to ensure that human lives are enriched with good health by use of premium natural products produced by JATU PLC and implement a poverty reduction solution by use of human resources, modern agriculture and engage in industry activities and network marketing to ensure profit sharing.

INDUSTRY: BANK

ISN:TZ1996101683

DATE LISTED: 09 September 2013

IPO PRICE (TZS): 600

website: www.maendeleobank.co.tz/

Maendeleo Bank Plc (MBP) was registered as a Limited Company on February 2011. In September, 9th 2013, Maendeleo Bank Plc.started business as a regional bank; the bank was issued with a licence number NBA 00026 to carry out banking business.

Maendeleo Bank plc. became the first bank in Tanzania to be registered in to Dar es Salaam Stock Exchange (DSE) and hence became Public Limited Company (PLC) from its start.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996101972

DATE LISTED: 29th December 2014

IPO PRICE (TZS): 600

website: mkombozibank.co.tz/

MKCB started as an initiative of the Tanzania Episcopal Conference in 2009 to establish a commercial bank with the main objective of serving and supporting the emerging Tanzanian businesses for provision of financial services.

Mkombozi Commercial Bank’s target markets are small and medium sized entrepreneurs, companies, SACCOS, social enterprises such as schools, universities and corporations. MKCB serves the need of growing companies, middle-market and large corporations, institutional investors, financial institutions and government entities.

MKCB issued 5,000,000 shares to the public at an IPO price of  TZS 1000  per share under  Enterprise Growth Market (EGM).

INDUSTRY: MANUFACTURING

ISN: TZ1996102419

DATE LISTED: 8th June 2016

IPO PRICE (TZS): 250 

website: www.mucobatz.com/

MuCoBa formerly known as Mufindi Community Bank LTD (MuCoBa) is the oldest community bank in Tanzania incorporated in December 1998 and licensed by Bank of Tanzania (BOT) in May 1999 to offer banking services to the communities of Mufindi and neighboring districts. It opened its doors to the public in June 1999. MuCoBa was formed as a result of increased demand for financial services within the district. The bank listed 8,156,423 shares at an opening price of TZS250 per share in 8^th June 2016.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996102129

DATE LISTED: 27th November 2015

IPO PRICE (TZS): 600

website: www.mcb.co.tz/

MCB is a commercial bank incorporated in 2012 and is headquartered in Dar es Salaam Tanzania. The genesis of MCB came about as a result of the conditions prevailing in the market at the time of it constitution. It was realized that a number of banks and financial institutions are not easily accessible by teachers` or offer costly products, teachers` required an alternative means to overcome the challenges hence, the teachers`, through Tanzania Teachers` Union (TTU), and the economic wing of TTU, the teachers` Development Company Limited (TDCL) made a decision to establish a bank to serve them and the general public by ensuring minimization of costs of operations while providing affordable and diverse financial solutions.

With the objective is to empower teachers MCB came to DSE to raise capital under the Enterprise growth market by issuing 50,000,000 shares at TZS 500 per share.

INDUSTRY: FINANCIAL SERVICES INDUSTRY 

ISN: TZ1996103077

DATE LISTED: 2008

IPO PRICE (TZS): 300

website: www.nicoltz.com/

NICOL is a Public Company registered in the United Republic of Tanzania, and listed in Dar es salaam Stock Exchange Market under NICO name. The company listed on the Dar es Salaam Stock Exchange  on 15 July 2008 at an IPO price of TZS 400 per share. In 2011 the Capital Markets & Securities Authority forced them to de-list as they had not provided financials for 2009, 2010 and engaged in a sale of assets that was not in accordance to the law. At the time of de-listing the company shares were trading for TZS 270/-. However, in 2017 the company re-surfaced and declared its first divided of 25/- per share after 10 years of operations. After the dividend declaration, the company announced its plan for re-listing on 6 June 2018 at 300/- per share.

The principal activity of the company is to acquire or establish and manage business enterprises in key sectors of the economy such as manufacturing, financial services, telecommunications, agriculture, mining and other sectors. The company currently has got two active subsidiaries: Tanzania Fisheries Development Company Limited (TFDC) and Tanzania Meat Company Limited (TMCL).

INDUSTRY: BANK

ISN: TZ1996100222

DATE LISTED: 6th November 2008

IPO PRICE (TZS): 600

website: www.nmbbank.co.tz/

NMB is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized corporate clients, as well as large businesses. It was established in 1997 following the break-up of the old National Bank of Commerce which resulted to three new entities namely: NBC Holding Limited, National Bank of Commerce Limited and National Microfinance Bank Limited.

NMB listed 500,000,000 shares in DSE on 31^st of October 2008 at an IPO price of 600 per share but it has been opening and closing at 2750 for more than two years.

INDUSTRY: Transportation

ISN: TZ1996101048

DATE LISTED: 21st December 2011

IPO PRICE (TZS): 470

website: www.precisionairtz.com/

PAL provides regional and domestic carriage of passengers and cargo by air. The company flies to 11 destinations within and outside Tanzania, including Arusha, Kilimanjaro, Mwanza, Bukoba, Mtwara, Kigoma, Tabora, Zanzibar, Nairobi, Musoma, and Hahaya. The company also provides ground handling services; and distributes the Galileo reservation systems to airlines and travel agents in Tanzania. It operates through a fleet of five 70-seater ATR 72-500, three 48-seater ATR 42-500, and a 48-seater ATR 42-600. The company was incorporated in 1991 and is headquartered in Dar es Salaam, Tanzania.

PAL listed 160,469,800 shares on DSE in 2011 after unsuccessful IPO were by it was under subscribed by more than 50%. The IPO  price was 470.