Nurani Dyeing & Sweater Limited

Nature of business The Company imports yarn from China, Indonesia and India. Then it produces Sweater after dyeing the imported yarn. In addition, the company also sales imported yarn after dyeing to the export oriented bonded factory.
Reason for IPO Acquisition of Brand New Machinery and Equipments 243,300,000 (56.58%) Steel Structure and Civil Construction 50,045,000 (11.64%) Partial Repayment of Term Loan 118,000,000 (27.44%) IPO Expenses 18,655,000 (4.34%) Total 430,000,000 (100.00%)
Subscription open 02 Apr 2017
Subscription close 10 Apr 2017
Subscription close for NRB 02 Apr 2017 to 10 Apr 2017
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS Tk. 0.37 for the period (3 months) ended on June 30, 2016
NAV Tk. 14.37 as on June 30, 2016
Public offer
Major product The Company has two major products: 1. Sweaters knitted from knitting section 2. Dyed Yarn from dyeing section
Issue Manager Imperial Capital Limited, EBL Investments Limited and CAPM Advisory Limited
Website http://www.ndsl-bd.com

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