Hamid Fabrics Limited
Nature of business
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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.
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Reason for IPO
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Proceeds from initial public offering (IPO) will be used for
Settlement of loans (28.90%), expansion project (68.76%) and IPO
expenses (2.33%).
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Subscription open
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28 Sep 2014
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Subscription close
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02 Oct 2014
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Subscription close for NRB
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28 Sep 2014
to 11 Oct 2014
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Offer price
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Tk. 35.0
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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. 7000.0
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EPS
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Tk. 5.58 for the year ended on June 30, 2014
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NAV
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with revaluation surplus Tk. 46.78 as on June 30, 2014
without revaluation surplus Tk. 32.21 as on June 30, 2014
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Public offer
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Major product
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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.
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Issue Manager
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ICB Capital Management Limited
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Website
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www.mahingroup.com
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