Simtex Industries Limited IPO Application Form Download. In their 547th meeting, BSEC approves Simtex Industries Limited IPO on 09 June, 2015. Simtex Industries Ltd will raise fund worth Tk 60.0 crore from the public. It will release 3.0 crore ordinary shares at an offer price of TK 20 with a premium TK 10 for each share. The fund of the company will be used for capital investments, repayment of bank loans, business development and working capital. The fund of the company will be used to meet the cost of IPO proceedings too. Share Allotment of Simtex Industries Limited IPO is 60% for General Public, 20% for Small Affected, 10% for NRB and 10% for Mutual Fund.
Both AFC Capital Ltd & Imperial Capital Ltd are issue managers of Simtex Industries Limited IPO.
According to the latest financial report, Earning per Share of Simtex Industries Ltd. is Tk. 3.33 and Net Asset Value per share is Tk. 19.60 on 30 June, 2014.
Simtex Industries Limited IPO Application Form Download
Simtex Industries Ltd IPO Subscription information and prospectus will be available soon.
Simtex Industries Limited IPO:
Nos. of Share Offer: 300, 00,000/=
IPO Value: Tk. 600,000,000/=
Face Value: Tk. 10/=
Premium Value: 10/=
Simtex Industries Ltd is one of the largest producers of Sewing Thread & Yarn Dyeing in Bangladesh. It is a sister concern of Simtex Group, Bangladesh. Under Companies Act 1994, Simtex Industries Limited was registered as private limited company. It is later transformed into public limited company. With the vision to become the market leader of the thread industry, it began its commercial action from the Savar plant in 2009. Its mission is to strive meeting the challenging market needs of both export oriented and local market. It believes in closer working relationship with business partners and innovative manufacturing process. It maintains quality customer service.
Simtex Industries Limited IPO Result:
Simtex Industries Limited IPO result will be published soon after the closing of the subscription. We will publish Simtex Industries Limited IPO result.
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