IPO: Motin Spinning Mills Limited

মঙ্গলবার, ১৪ জানুয়ারী, ২০১৪

Motin Spinning Mills Limited. (As per abridged version of Prospectus)	Subscription Open	January 26, 2014
	Subscription Close	January 30, 2014
	Subscription period for NRB	January 06, 2014 to February 08, 2014
	Authorized Capital	Tk. 1,500,000,000.00
	Pre‐ IPO paid‐up Capital	Tk. 633,900,000.00
	IPO size in shares	3,41,00,000
	IPO size in Tk. at face value	Tk. 341,000,000.00
	IPO size in Tk. at offer price	Tk. 1,261,700,000.00
	Post IPO Paid‐up Capital	Tk. 974,900,000.00
	Face Value per share	Tk. 10.00
	Offer Price per share	Tk. 37.00
	Market Lot (Shares)	200
	NAV per share	Tk. 35.73 as on June 30, 2013
	NAV per share without revaluation reserve	Tk. 20.04 as on June 30, 2013
	EPS	Tk. 3.97 for the year ended on June 30, 2013
	Issue Manager	IDLC Investments Limited
	Auditors	Masih Muhith Haque & Co.
	Website	www.matinspinning.com
Nature of Business	Manufacturing combed and carded yarn from raw cotton ranging from 10/s (pronounced “10 single”) to 55/s count.
Major Product	Combed, Carded, Synthetic and Slub Yarn
Use of IPO Proceeds	Proceeds from IPO of Tk. 1,230,257,270 will be utilized for Expansion of Existing Plant (Melange Project) and Tk. 31,442,730 for IPO Expenses.

Tags: IPO, IPO Prospectus

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