New Line Clothings Limited
Nature of business
|
The principal activities of the company is to manufacture various
kinds of woven Garments for both ladies and gents including
trousers, shirts, children wear, gents wear, female wear, jackets,
Sportswear, denim garments and marketing.
|
Reason for IPO
|
Acquisition of Plant & Machinery 117,682,660 (39.23%)
Extension of Factory Building 76,382,990 (25.46%)
Loan Repayment (Partial)
(Southeast Bank Ltd, Banani Branch)
90,000,000 (30.00%)
IPO expenses 15,934,350 (5.31%)
Total 300,000,000 (100.00%)
|
Subscription open
|
18 Feb 2019
|
Subscription close
|
28 Feb 2019
|
Subscription close for NRB
|
18 Feb 2019
to 28 Feb 2019
|
Offer price
|
Tk. 10.0
|
Face value per share
|
Tk. 10.0
|
Market lot
|
500 units
|
Single lot price
|
Tk. 5000.0
|
EPS
|
Tk. 1.90 for the period ended on June 30, 2018
|
NAV
|
Tk. 33.46 as on June 30, 2018
|
Public offer
|
|
Major product
|
Ladies and gent’s trousers, shirts, children wear, gents wear,
female wear, towel, brassier, socks, hooks, buttons etc.
|
Issue Manager
|
Banco Finance and Investment Limited, Sandhani Life Finance Limited & Southeast Bank Capital Services Limited
|
Website
|
www.newline.com.bd
|