Khan Brothers PP Woven Bag Industries Ltd.
Nature of business
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The company’s main business is to manufacture of different types of PP Woven Bag, Flexible intermediate Bulk Container (FIBC) bag, Jumbo Bag, High Density Poly Ethylene (HDPE) Bag, Low Density Poly Ethylene (LDPE) Bag, Liner, Multi-layer Sack Kraft Paper and selling them in local and the international market.
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Reason for IPO
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Net Proceeds from initial public offering (IPO) will be used for expansion of business activities (81.29%), repayment of long term loan (10.50%) and working capital (8.21%) purpose
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Subscription open
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24 Aug 2014
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Subscription close
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28 Aug 2014
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Subscription close for NRB
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24 Aug 2014
to 06 Sep 2014
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Offer price
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Tk. 10.0
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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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500 units
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Single lot price
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Tk. 5000.0
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EPS
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Tk. 1.67 for the year ended on June 30, 2013
Issue Manager(s)
AFC Capital Limited BMSL Investment Limited
Auditors
Mahfel Huq & Co.
Website
www.kbgbd.
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NAV
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with revaluation reserve Tk. 14.69 as on June 30, 2013 without revaluation surplus Tk. 12.44 as on June 30, 2013
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Public offer
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Major product
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The products of Khan Brothers PP Woven Bag Industries Limited are PP Woven Bag, Flexible intermediate Bulk Container (FIBC) bag, Jumbo Bag, High Density Poly Ethylene (HDPE) Bag, Low Density Poly Ethylene (LDPE) Bag, Liner, Multi-layer Sack Kraft Paper
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Issue Manager
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AFC Capital Limited BMSL Investment Limited
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Website
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www.kbgbd.com
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