Fortune Shoes Limited
|
Nature of business
|
Fortune Shoes Limited (FSL) is a 100% export oriented company engaged in shoes manufacturers in Bangladesh. The principal activities of the Company are to carry on the business of manufacturing and exporting of all kind of leather shoes, footwear etc.
|
|
Reason for IPO
|
Construction of Building 92,823,000 (42.19%)
Acquisition of Machinery & Equipment 109,517,000 (49.78%) IPO Expenses 17,660,000 (8.03%)
Total 220,000,000(100.00%)
|
|
Subscription open
|
16 Aug 2016
|
|
Subscription close
|
28 Aug 2016
|
|
Subscription close for NRB
|
16 Aug 2016
to 28 Aug 2016
|
|
Offer price
|
Tk. 10.0
|
|
Face value per share
|
Tk. 10.0
|
|
Market lot
|
500 units
|
|
Single lot price
|
Tk. 5000.0
|
|
EPS
|
Tk. 1.03 (Basic) and Tk. 1.03 (Adjusted) for the period ended on February 29, 2016
|
|
NAV
|
Tk. 13.75 as on February 29, 2016
|
|
Public offer
|
|
|
Major product
|
The Company produces a single product ‘Shoes’ of various specifications, compositions, colour and qualities.
|
|
Issue Manager
|
1. Imperial Capital Limited. 2. Prime Bank Investment Limited.
|
|
Website
|
www.fortuneshoes.com
|
