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HWA Well Textiles (BD) Ltd IPO result Published- Download Result:
Bank / Branch Code
Other than NRB (General Public)
Affected Small Investors
Non – Resident Bangladeshi (NRB)
Distribution of Refund Warrant
HWA Well Textiles (BD) Ltd IPO Subscription:- HWA Well Textiles (BD) Ltd IPO subscription was from February 17, 2014. According to the company’s abridged version prospectus subscription period for General public was from February 17, 2014 to February 26, 2014. and subscription period for NRB applicants was from February 17, 2014 to March 04, 2014.
As per the regulatory approval, HWA Well Textiles (BD) Ltd will float 2 crore ordinary shares of Tk 10 each at an offer price of Tk 10 each without any premium.
The company has said in its prospectus, The proceeds will be used to purchase machinery and land, land development, to build new factory building and to change present machinery.
According to the company’s financial statement for the year ended on June 30, 2013, the company’s earning per share (EPS) and net asset value (NAV) are at Tk 3.66 and Tk 28.25 respectively.
Alpha Capital Management Limited and Citizen Securities and Investment are the issue manager of HWA Well Textiles (BD) Ltd IPO.
At a Glance HWA Well Textiles (BD) Ltd IPO:
Subscription: February 17 to February 23, 2014
Market Lot: 500 shares per share @ Tk 10 Total Tk 5000/=
EPS: Tk3.66 NAV: 28.25
General Public (60%): 24000 lots
Affected Investors (20%): 8000 lots
NRB (10%): 4000 lots
Mutual Fund (10%): 4000 lots
Bankers to the Issue:
ONE Bank Ltd, Shahajalal Islami Bank Ltd, Trust Bank Ltd , City Bank Ltd, Southeast Bank Ltd, National Bank Ltd , ICB
Lot Size: 500. Per Lot offering Price: 5000
Foreign Currency Rate for HWA Well Textiles (BD) Ltd from February 17, 2014 to March 04, 2014.
Name TT Clean Rate (BD Tk) FC Required for 500 units
US Dollar 1$ =77.0000 US Dollar = 64.609
Uk Pound 1£= 129.6452 UK Pound= 38.57
Euro 1€= 105.5848 Euro=47.36
NRB Application have to be submitted Company’s Head office
138 Eastern Nibash, Flat 402 (4th Floor) , Gulshan Avenue, Gulshan- 2, Dhaka- 1212. Phone: 8881244, 8881165.