Far East Kniting & Dyeing Industries Limited

Nature of business 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.
Reason for IPO Proceeds from initial public offering (IPO) will be used for repayment of loan (88.04%) and BMRE of existing operations (15.79%)
Subscription open 15 Jun 2014
Subscription close 19 Jun 2014
Subscription close for NRB 15 Jun 2014 to 28 Jun 2014
Offer price Tk. 27.0
Face value per share Tk. 10.0
Market lot 200 units
Single lot price Tk. 5400.0
EPS Tk. 2.54 for the year ended on June 30, 2013
NAV Tk. 19.08 as on June 30, 2013
Public offer
Major product FEKDIL is engaged in manufacturing knit garment products. Such knit products include ladies & gents T-Shirt, Tank Top, Jacket, Pajama, Jogger, and Hoody Jacket
Issue Manager IDLC Investments Limited
Website www.fareastknit.com

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