Hwa Well Textiles Limited IPO Subscription started from 17th February 2014

Hwa Well Textiles Limited IPO Subscription started from 17th February 2014 . IPO Subscription will be from 17-23 February 2014 for RB and 17 Feb-4 Mar 2014 for NRB.

Earlier Hwa Well Textiles Limited IPO approved approved by The Bangladesh Securities and Exchange Commission (BSEC) on 24th December, 2013 to raise fund worth Tk 20 crores. This amount will be used  for the company’s business expansion.

Hwa Well Textiles will issue 2 crore ordinary shares through the IPO at an issue price of Tk 10 each share (no premium).

The Hwa Well Textiles Limited will use the IPO fund to purchase machinery, build new factory building, land including development, change the existing machinery and meet up the IPO expenses. Hwa Well Textiles Limited showed earning per share (EPS)=Tk3.66/- and net asset value (NAV) per share= Tk28.25/ according to It’s annual financial statement year ended on June 30, 2013.

Hwa Well Textiles Limited IPO issue manager are Alpha Capital Management and Citizen Securities and Investment. 

Hwa Well Textiles Limited IPO subscription detail will be published. 

Download Hwa Well IPO Application Forms and Prospectus: Click here

Hwa Well Textiles Company Address:

Kashore, Habirbari Union-10, Bhaluka, Mymenshingh.

Head Office: Eastern Nibash, House#138, Flat#402, Gulshan Avenue, Dhaka-1212

Visit us regularly to get All IPO result and news please visit our website regularly.