12:39 PM
ARGON DENIMS LTD IPO Subscription will be start again. The Securities and Exchange Commission has approved
the Initial Public Offering (IPO) to raise Tk 132 crore. Argon Denims
Ltd’ will float 3, 00, 00,000 ordinary shares of Tk 10 each at an offer
price of Tk 44, including a premium of Tk 34.
The company will use the IPO proceeds for expansion and purchase of new machinery and to meet its working capital requirement.
The company’s earnings per share (EPS) was Tk 5.46 as per the 2011 Financial Statements. LankaBangla Investments Ltd. and Satcom IT Ltd. have been appointed as Issue Manager and Post Issue Manager respectably by Argon Denims Ltd.
Subscriptions Detail (New)
Opening Date : November 18, 2012
Closing Date : November 22, 2012
Closing Date for NRB: November 29, 2012
Download Full Prospects
The company will use the IPO proceeds for expansion and purchase of new machinery and to meet its working capital requirement.
The company’s earnings per share (EPS) was Tk 5.46 as per the 2011 Financial Statements. LankaBangla Investments Ltd. and Satcom IT Ltd. have been appointed as Issue Manager and Post Issue Manager respectably by Argon Denims Ltd.
As per its revised IPO, can float 3 core ordinary shares of 10/- every at an offer value of 35/-, including a premium of 25/-.
Previously, the argon Denims IPO was approved at 44/-.
Previously, the argon Denims IPO was approved at 44/-.
Subscriptions Detail (New)
Opening Date : November 18, 2012
Closing Date : November 22, 2012
Closing Date for NRB: November 29, 2012
Download Full Prospects
Download RB IPO Application Form
Download Non Residence Bangladeshi (NRB) IPO Application Form
Posted in: Forth Coming IPO
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