Dragon Sweater & Spinning Limited

Nature of business Dragon Sweater & Spinning Limited runs the business of producing spinning and manufacturing and exporting of readymade sweater, pull over and wearing apparels of all kinds out of wool, cotton, synthetic, fibers, acrylics and others to establish a modern sweater Factory or manufacturing sweater shirt and pullover of acrylic cotton, wool, silk, jute, flex, synthetic, and/or any fabric yarn for men, women, boys, and girls and marketing the same in the foreign market.
Reason for IPO Imported Machinery 158,200,000 (39.55%) Building & other Civil Construction 183,117,500 (45.78%) Spare Parts & Clearing, Erection, Loading/Unloading, Transportation & Installation cost 11,340,000 (2.83%) Working Capital 29,742,500 (7.44%) IPO Expenses 17,600,000 (4.4%) Total 400,000,000 (100%)
Subscription open 17 Jan 2016
Subscription close 26 Jan 2016
Subscription close for NRB 17 Jan 2016 to 26 Jan 2016
Offer price Tk. 10.0
Face value per share Tk. 10.0
Market lot 500 units
Single lot price Tk. 5000.0
EPS Tk. 1.48 for the year ended on December 31, 2014
NAV Tk. 18.79 (including revaluation surplus) Tk. 15.31 (excluding revaluation surplus) as on December 31, 2014
Public offer
Major product Major Product (for Gents, Ladies & Kids) Pullover Cardigan V Neck V Neck Y Neck Y Neck Waist Coat Waist Coat Round Neck Round Neck High Neck High Neck Pullover with Hood Cardigan with Hood
Issue Manager Swadesh Investment Management Ltd.
Website www.dsslbd.com

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