VFS Thread Dyeing Limited

Nature of business The principal activities of the Company are to carry on the business of dyeing and finishing of sewing thread of different types for 100 % export oriented ready-made garments industries in Bangladesh.
Reason for IPO Acquisition of Plant & Machinery 177,403,108 (80.64%) Partial Repayment of Term Loan (Sonali Bank Limited, Local Office) 25,092,728 (11.41%) IPO expenses 17,504,164 (7.96%) Total 220,000,000 (100%)
Subscription open 24 Jun 2018
Subscription close 02 Jul 2018
Subscription close for NRB 24 Jun 2018 to 02 Jul 2018
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS Tk. 2.25 for the period ended on June 30, 2017
NAV Tk. 19.90 as on June 30, 2017
Public offer
Major product Principal products of the company are given below: ? Spun Polyester Yarn ? Poly Core Spun ? Textured Polyester (Synthetic Filament Yarn)
Issue Manager Citizen Securities & Investment Ltd. and First Security Islami Capital & Investment Ltd.
Website www.vfsthread.com

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