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Tuesday, August 20, 2013

Latest IPO

 Paramount Textile Limited

(As per abridged version of Prospectus)


Nature of Business
Paramount Textile Limited is engaged in manufacturing high quality
woven fabric that are consumed by the export oriented garments
industries in Bangladesh. PTL produces high quality woven fabrics
which include 100% cotton yarn dyed fabrics, cotton solid white
fabrics, striped and check shirting, stretch fabric etc.
Major Product
The product range of Paramount Textile Limited comprises of yarn
dyed fabrics and finished woven fabric.
Subscription Open
September 1, 2013
Subscription Close
September 5, 2013
Subscription period for NRB
September 1, 2013 to September 14, 2013
Authorized Capital
Tk. 2,000,000,000
Pre- IPO paid-up Capital
Tk. 551,250,000
IPO size in shares
30,000,000
IPO size in Tk. at face value
Tk. 300,000,000
IPO size in Tk. at offer price
Tk. 840,000,000
Post IPO Paid-up Capital
l Tk. 851,250,000
Face Value per share
Tk. 10.00
Offer Price per share
Tk. 28.00
Market Lot (Shares)
250
Use of IPO Proceeds
Proceeds from IPO of Tk. 840,000,000 will be utilized for repayment
of loan, working capital and IPO expenses.  
NAV per share
Tk. 18.31 as on June 30, 2012.
EPS
Tk. 3.47 for the year ended on June 30, 2012.
Issue Manager
IDLC Investments Limited
Auditors
Howladar Yunus & Co.
Website

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