Far East Kniting & Dyeing Industries Limited
Nature of business
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The company operates a readymade composite knit garments industrial unit of international standard to carry on the businesses of knitting, dyeing, designing, manufacturing & marketing readymade garments to deal in the foreign markets.
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Reason for IPO
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Proceeds from initial public offering (IPO) will be used for repayment of loan (88.04%) and BMRE of existing operations (15.79%)
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Subscription open
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15 Jun 2014
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Subscription close
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19 Jun 2014
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Subscription close for NRB
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15 Jun 2014
to 28 Jun 2014
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Offer price
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Tk. 27.0
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Face value per share
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Tk. 10.0
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Market lot
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200 units
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Single lot price
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Tk. 5400.0
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EPS
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Tk. 2.54 for the year ended on June 30, 2013
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NAV
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Tk. 19.08 as on June 30, 2013
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Public offer
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Major product
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FEKDIL is engaged in manufacturing knit garment products. Such knit products include ladies & gents T-Shirt, Tank Top, Jacket, Pajama, Jogger, and Hoody Jacket
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Issue Manager
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IDLC Investments Limited
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Website
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www.fareastknit.com
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