IPO BBS CABLES LIMITED

The Bangladesh Securities Exchange Commission (BSEC) approved IPO BBS CABLES LIMITED. 

প্রাথমিক গণপ্রস্তাবের (আইপিও) মাধ্যমে পুঁজিবাজার থেকে টাকা উত্তোলনের অনুমোদন পেয়েছে বিবিএস ক্যাবলস লিমিটেড। আজ বৃহস্পতিবার (১৩ এপ্রিল) বাংলাদেশ সিকিউরিটিজ অ্যান্ড এক্সচেঞ্জ কমিশন (বিএসইসি) সভায় এ কোম্পানির আইপিও অনুমোদন দেওয়া হয়। জানা যায়, আইপিওতে কোম্পানিটি অভিহিত মূল্য ১০ টাকা দরে শেয়ার বিক্রি করবে। এর মাধ্যমে বিবিএস ক্যাবলস লিমিটেড পুঁজিবাজার থেকে ২০ কোটি টাকা সংগ্রহ করবে। কোম্পানিটিকে ১০ টাকা অভিহিত মূল্যে ২ কোটি শেয়ার ইস্যু করার অনুমোদন দিয়েছে কমিশন। পুঁজিবাজার থেকে উত্তোলিত টাকা ব্যবসা সম্প্রসারণ, নতুন ম্যাশিনারিজ আমদানি, বিল্ডিং নির্মাণ, ঋণ পরিশোধ এবং আইপিওর খরচ বাবদ এই টাকা ব্যয় করা হবে বলে কোম্পানির পক্ষ থেকে জানানো হয়েছে।কোম্পানিটির ইস্যু ম্যানেজার হিসেবে কাজ করছে বানকো ফাইন্যান্স অ্যান্ড ইনভেস্টমেন্ট লিমিটেড।

Simtex IPO

KDS Accessories Limited IPO Subscription Open: August 24 ' 2015 Subscription Close: September 01' 2015. 
 Simtex started its long and prosperous journey on a cloudy rainy day with a rather small infrastructural support in Mirpur, Dhaka with the goal of becoming the premier of sewing thread solution in Bangladesh. It never looked back ever since and grew rather drastically to meet the Company goal.The Company was registered as a private Company limited by shares with the Registrar of Joint Stock Companies and Firm Bangladesh, Dhaka under Companies Act, 1994 and subsequently it was converted into a public limited Company. We moved to our current plant located at Khagan, Birulia, Savar to utilize a more sophisticated and modern facility and get improved productivity and quality. We started our commercial operation from the Savar plant in 2009. Yet again we set-up a full-fledged cotton yarn dyeing facility and increased our production capacity to double. Our growth rate in terms of both financially and production capacity wise is enormous.

Simtex's Vision: To become the market leader of the thread industry through the high productivity advanced technological innovation and absolute customer satisfaction by leveraging on the strengths of our well experienced professionals and infrastructural advantages within this decade.

Simtex's Mission: To strive meeting the challenging market needs of both export oriented and local market through a closer working relationship with business partners, innovative manufacturing process and maintaining a quality customer service.

To achieve optimum quality, simtex uses best quality thread imported from China and dyes the thread under the supervision of experienced work forces. To maintain the consistency in terms of quality raw materials are collected from the same premium source. Considering Safety and Climate Production the Company is using the Dyes and Chemical from renowned Oeko-Tex Certified Dyes and Chemical manufacturers. The product of the Company is Oeko-Tex Standard 100 class-1 certified and Azo-Free too. To stay on top of the game, we consider our suppliers more like our business partners. We understand the importance of a consistent and quality supply base in providing best quality products and services.

Use of IPO Proceeds :
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%)

Issue Manager :
                AFC Capital Limited & Imperial Capital Limited

NAV :
               Revaluation Reserve : 19.60
               Without Revaluation Reserve : 15.99

                                                

Proposed Share :	30,000,000
Face Value :	10
Offered Value :	Tk. 20
Market Lot :	300
EPS :	Tk. 3.33

 

KDS Accessories Ltd. IPO

KDS Accessories Limited IPO Subscription Open: August 09 ' 2015 Subscription Close: August 20' 2015.
KDS Accessories Limited is the largest garments accessories producing company in Bangladesh. Since beginning, the company tried and accomplishes to provide the best quality of its services to its clients without any topsy-turvy state of affairs. DS Accessories Ltd. has received consent for raising of capital through Initial Public Offer (IPO) vide letter no. SEC/CI/IPO-217/2013/315 dated 8th July, 2015. The Company will raised a fund worth Tk. 240 million under fixed price method through 12 million of ordinary shares at an offer price of Tk. 20 (including a premium of Tk. 10 each) against Tk. 10 per share value. Tk. 150 million of this raised fund will be utilized for the expansion of the project balance Tk. 70 million will be utilized for repayment of bank loan and remaining Tk. 20 million will be utilized for IPO expenses.

Major Product :
The Company is engaged in production of different types of textile accessories like cartons, labels, tags, printings, narrow fabrics, elastics, heat transfer printing and button.

Use of IPO Proceeds :
Packaging Unit-3 150,000,000 (62.50%) Repayment of Bank Loan 70,000,000 (29.17%) IPO Expense 20,000,000 (8.33%) Total 240,000,000

Proposed Share :	12,000,000
Face Value :	10
Offered Value :	Tk. 20
Market Lot :	250
EPS :	Tk. 2.22

 
Issue Manager :
                             Alliance Financial Services Limited

NAV :
                            Revaluation Reserve : 21.85
                           Without Revaluation Reserve : 16.49

BSRM IPO

BSRM IPO Result published on 2405 March ' 2015.

To See / Download Result

BSRM was the first steel company in Bangladesh to receive ISO 9001:2000 certification. The system has been continuously modified and developed in many surveillance visits by the lead assessors and BSRM continues to develop it in a manner consistent with International Certification Practices.
The company is also in the process of securing the globally acknowledged, U.K. based CARES product certification and registration. The aim of the system is to work for the consistent assurance of quality and its implementation will ensure product quality and thus customer satisfaction.
Due to the nature of the industry, where in-process materials are not present, final product testing is done in a modern testing lab equipped with computerized testing machines to measure chemical and mechanical properties.
Finished goods are stored in intermediate quarantine until clearance from Quality Control and then stored in the finished goods storage area ready for delivery.
Product traceability is ensured through a label that shows the date of production and other information such as diameter, length, weight of bundle and grade. This quality system ensures the best way to trace any product back to its date of production to verify the different production conditions at that time and the source of raw materials used. This traceability is an integral part of the prestigious CARES certification scheme.

Hamid Fabrics Ltd IPO

Hamid Fabrics Ltd IPO at secondary market from 23 September 2014 .

Hamid Fabrics Ltd IPO Result published .

Bank Code 

General

Affected

NRB

Mutual Fund

Hamid Fabrics Ltd IPO Subscription Open: September 28, 2014 Subscription Close:Octobar 02, 2014.

Market lot-200, Per share-35/=(With premium. 25.)
Total taka=7,000/=
Total share 3 crore
EPS: 5.58 Tk
NAV: 46.78 Tk

General public(60%): 90,000 lot
                                             Affected public (20%): 30,000 lot
                                            NRB (10%) : 15,000 lot
                                                    Mutual fund(10%): 15,000 lot
                                            TOTAL SHARE (100%) : 1,50,000 lot

Hamid Fabrics Ltd Established in 1996, Hamid Fabrics Ltd. stormed into the country's textiles industry with one of the most sophisticated and advanced set of textile machineries in the region. The new weaving unit (Hamid Weaving Mills Ltd.) is a state-of-the art facility that incorporates 104 high speed Toyota JAT710 Airjet looms, while the older weaving unit (Hamid Fabrics Litd Unit-1) has 120 Ishikawa rapier looms. The Dyeing and Finishing Unit (Hamid Fabrics Ltd. Unit-2) incorporates German & Japanese machinery of Kusters, Bruckner, Kyoto, Monforts etc.

Our in-house modern lab testing facilities assist the production of quality products. As a result, with a combined capacity of about 30,000,000 yards per year, and with supreme commitment to quality, the textile division of Mahin Group boasts the reputation of being the unrivalled market leader in terms of quality of materials and end products, and therefore has established itself as one of the most reliable player in Bangladesh textile industry. 

Weaving Units (HFL Unit-1 & Hamid Weaving Mills Ltd.) Machinery Composition: Hamid Fabrics Ltd Unit-1: 120 Rapier Looms (Ishikawa) Hamid Weaving Mills Ltd: 104 Airjet Looms (Toyota) Tazrian Weaving Mills Ltd: 78 Brand New Toyota Air Jet Looms Capacity: Hamid Fabrics Ltd Unit-1: 7.2 million yards per year Hamid Weaving Mills Ltd: 16.8 million yards per year Tazrian Weaving Mills Ltd: 10.72 m yards/annum Production range *: 100% Cotton Twill/Blended Fabric Canvas Oxford Ribstop Ottoman Herringbone Calico Poplin Broken Twill Matt Dobby Stretch Fabrics Cotton Linen *(Within the weight range of 100 to 450 GSM)

Hamid Tower (5th & 6th Floor)

24, Gulshan C/A, Circle-2, Dhaka-1212, Bangladesh

Phone: (+8802) 8834564-5, 8834104, 9894589, 8814775, 8833549

Fax: (+8802) 8813077

Email: info@mahingroup.com

Website: http://www.mahingroup.com/weaving.php