12:53 PM
The Securities and Exchange Commission approved a Tk 30-crore initial public offering of Generation Next Fashion Ltd.
There will be 20 per cent IPO quota reserved for the small-scale investors under a compensation scheme, decide a SEC meeting presided over by its chairman M Khairul Hossain. It will be the first time that the investors, who sustained heavy losses during the market crash in 2011, would get the IPO quota under the scheme announced by the government. The Generation Next Fashion will float 3 crore ordinary shares with a face value of Tk 10 each and repay bank loan from the IPO proceeds.
The earning per share (EPS) of the company was Tk 2.09 as on December 31, 2011.
Subscription of new generation fashion ltd will be started: September 16 and will be closed on September 20. For NRB applicants, it will remain open till September 29, 2012.
Generation Next Fashions is a 100 per cent export oriented textile and apparel company operating in the country since 2006. The company is planning to raise about Tk 1,800 million from the local capital market through IPO under Book Building system.
Generation Next, a composite knit manufacturer, was formed in 2006.
The company currently supplies products to top retailers in the US and Europe, such as Tesco, Primark, Asda, Carrefour, Wal-Mart, United Colors of Benetton, Matalan. At present, 26 textile companies are listed on the stockmarket.
Download IPO Prospectus and Application From:
GNFL ROSPECTUS
Application form for affected small investors_1
Application form for general public_1
Application form for NRB_1
Or download from alternate links
GNFL ROSPECTUS
Application form for affected small investors
Application form for general public
Application form for NRB
There will be 20 per cent IPO quota reserved for the small-scale investors under a compensation scheme, decide a SEC meeting presided over by its chairman M Khairul Hossain. It will be the first time that the investors, who sustained heavy losses during the market crash in 2011, would get the IPO quota under the scheme announced by the government. The Generation Next Fashion will float 3 crore ordinary shares with a face value of Tk 10 each and repay bank loan from the IPO proceeds.
The earning per share (EPS) of the company was Tk 2.09 as on December 31, 2011.
Subscription of new generation fashion ltd will be started: September 16 and will be closed on September 20. For NRB applicants, it will remain open till September 29, 2012.
Generation Next Fashions is a 100 per cent export oriented textile and apparel company operating in the country since 2006. The company is planning to raise about Tk 1,800 million from the local capital market through IPO under Book Building system.
Generation Next, a composite knit manufacturer, was formed in 2006.
The company currently supplies products to top retailers in the US and Europe, such as Tesco, Primark, Asda, Carrefour, Wal-Mart, United Colors of Benetton, Matalan. At present, 26 textile companies are listed on the stockmarket.
Download IPO Prospectus and Application From:
GNFL ROSPECTUS
Application form for affected small investors_1
Application form for general public_1
Application form for NRB_1
Or download from alternate links
Application form for affected small investors
Application form for general public
Application form for NRB
Posted in: Forth Coming IPO
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