Shasha Denims Limited

Nature of business Shasha Denims Limited (SDL) is engaged in manufacturing different types of classical Indigo Denim (denim fabrics) through the integrated manufacturing process of weaving, dyeing and finishing. SDL uses the most modern computerized SLASHER DYEING technology in its production process.
Reason for IPO Proceeds from initial public offering (IPO) will be used for Business Expansion (Tk. 1,540,000,000), Short Term Loan Partial Pay off (Tk. 182,290,000) and IPO Expenses (Tk. 27,710,000).
Subscription open 14 Dec 2014
Subscription close 21 Dec 2014
Subscription close for NRB 14 Dec 2014 to 30 Dec 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. 3.73 Tk. 3.10 (Fully Diluted EPS) for the year ended on December 31, 2013
NAV Tk. 52.95 and Tk. 44.13 (Fully Diluted NAV per share) as at December 31, 2013
Public offer
Major product The Company produces a single product ‘denim fabrics’ of varied specifications, compositions, color and qualities.
Issue Manager 1. AFC Capital Limited and 2. Imperial Capital Limited
Website http://www.shashadenim.com/

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