Simtex Industries Limited IPO Lottery Result Published

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Simtex Industries Limited IPO Lottery Result Published- www.simtexgroup.com. Download Simtex Industries Limited IPO Result. Simtex Industries Limited IPO Lottery Result has been published on October 06, 2015. Simtex Industries Limited IPO Lottery Result has been published on Simtex Industries Limited and DSE website as well. Simtex Industries Limited IPO Lottery was held on October 06, 2015 at Raowa Convention Centre at 11.00am. We also updated Simtex Industries Limited IPO Lottery Result here. So you can download Simtex Industries Limited IPO Result from here. Click below link for Simtex Industries Limited IPO Result.

Download Simtex Industries Limited IPO Lottery Result-

Simtex Industries Limited IPO Subscription: Simtex Industries Limited IPO subscription will start from September 06, 2015. Simtex Industries Limited IPO subscription period for General Public & NRB is from September 06, 2015 to September 14, 2015. Foreign currency required for NRB and Foreign applicants (Per Lot) is USD 77.52 or GBP 49.77 or EUR 70.31. Investors can submit Simtex Industries Limited IPO application only through their respective brokerage house. See details Simtex Industries Limited IPO from below.

Simtex Industries Limited IPO at a glance
Subscription: 06-14 September, 2015
Market Lot: 300 shares per share@Tk.20 Total Tk.6000/=
EPS: Tk 3.33 NAV: Tk 19.60
Total Shares: 3.0 Crore
General Public (60%):  60,000 lots
Affected Investors (20%): 20,000 lots
NRB (10%): 10,000 lots
Mutual Fund (10%): 10,000 lots
Total (100%): 1,00,000 lots

Short Summary of Simtex Industries Limited IPO

Simtex Industries Ltd IPO Approved:- Bangladesh Securities and Exchange Commission (BSEC) approved Simtex Industries Limited Initial Public Offering (IPO) proposal on June 09, 2015 at a regular 547th meeting of the commission. Simtex Industries Ltd will offload 3.0 crore shares of Tk.10/= each at offer value of Tk.20/= with a premium of Tk.10. Simtex Industries Ltd will raise TK60.0 crore through initial public offerings (IPO).

Simtex-logoAccording to the financial statements of Simtex Industries Ltd ended on June 30, 2014, the Earning Per Share (EPS) was TK3.33/- and NAV- Net Asset Value was TK19.60/-.

According to the Simtex Industries Ltd IPO prospectus, Simtex Industries Ltd will use the IPO fund for capital investment, repayment of bank loan, working capital and to meet up its IPO expenses. AFC Capital Ltd & Imperial Capital Ltd are the issuer managers of Simtex Industries Ltd IPO.

Simtex Industries Ltd is the sister concern of SIMTEXGROUP Bangladesh. It is one of the largest producers of Sewing Thread and Yarn Dyeing in Bangladesh. According to company’s website, Simtex Industries Limited was registered as a private company under Companies Act, 1994 and later it was converted into a public limited company. It moved to it’s current plant located at Savar to utilize a more sophisticated and modern facility and get improved productivity and quality. The company began its commercial operation from the Savar plant in 2009.

For more information about Simtex Industries Ltd IPO you can visit Simtex Industries Ltd website www.simtexgroup.com. All necessary information about Simtex Industries Limited IPO may also be found at DSE website.

Updated: 08/06/2016 — 02:55
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