Zaheen Spinning Limited
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Nature of business
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Zaheen Spinning Limited is engaged in production of 100% cotton yarn of different counts.
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Reason for IPO
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Proceeds from initial public offering (IPO) will be used for Plant & Machineries (Tk. 108,000,000), Capital issue expenses and others (Tk. 12,000,000).
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Subscription open
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28 Dec 2014
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Subscription close
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05 Jan 2015
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Subscription close for NRB
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28 Dec 2014
to 13 Jan 2015
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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. 1.01 for the year ended on June 30, 2014
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NAV
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Tk. 12.59 as at June 30, 2014
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Public offer
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Major product
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The company produces fine quality cotton yarn from different counts, 100% cotton yarn normal or high bulk.
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Issue Manager
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MTB Capital Limited
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Website
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www.zaheenspinningltd.com
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