Hamid Fabrics Limited

Nature of business Hamid Fabrics Ltd is a “deemed exporter” that is engaged in weaving, solid-dyeing and finishing of woven fabrics for 100% export oriented RMG units.
Reason for IPO Proceeds from initial public offering (IPO) will be used for Settlement of loans (28.90%), expansion project (68.76%) and IPO expenses (2.33%).
Subscription open 28 Sep 2014
Subscription close 02 Oct 2014
Subscription close for NRB 28 Sep 2014 to 11 Oct 2014
Offer price Tk. 35.0
Face value per share Tk. 10.0
Market lot 200 units
Single lot price Tk. 7000.0
EPS Tk. 5.58 for the year ended on June 30, 2014
NAV with revaluation surplus Tk. 46.78 as on June 30, 2014 without revaluation surplus Tk. 32.21 as on June 30, 2014
Public offer
Major product The product range offers 100% cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces gray fabrics in various design and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs with weight range of 100-450 GSM. The finishing mix of Hamid Fabrics Limited comprises water repellent, fire proof, wrinkle free, teflon coating, aero finish and chintz finish etc.
Issue Manager ICB Capital Management Limited
Website www.mahingroup.com

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