SIMTEX Industries Limited
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Nature of business
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The principal activities and nature of the business of Simtex Industries Limited is to carry on a Dyeing & Conning/winding of sewing thread.
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Reason for IPO
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Capital Investment 316,229,000 (52.70%)
Bank Term Loan Pay-off [Trust Bank Limited, Millennium Branch] 200,000,000 (33.33%) Working Capital 65,271,000 (10.88%) IPO Cost 18,500,000 (3.09%) Total 600,000,000 (100%)
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Subscription open
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06 Sep 2015
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Subscription close
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14 Sep 2015
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Subscription close for NRB
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06 Sep 2015
to 14 Sep 2015
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Offer price
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Tk. 20.0
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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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300 units
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Single lot price
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Tk. 6000.0
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EPS
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Tk. 3.33 for the year ended on June 30, 2014
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NAV
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Tk. 19.60 (including revaluation surplus) and Tk. 15.99 (excluding revaluation surplus) as at June 30, 2014
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Public offer
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Major product
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Section Name of Products
Spun Polyester
Poly Poly Corespun
Textured Polyester (Synthetic Filament Thread)
Bleached Cotton Yarn for Sewing
Cotton Yarn (Only Dyeing) for knitting
Sewing Thread
Dyeing
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Issue Manager
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AFC Capital Limited & Imperial Capital Limited
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Website
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www.simtexgroup.com
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