Hamid Fabrics Limited (As per abridged version of
Prospectus)
Nature of Business Hamid Fabrics Ltd is a deemed exporter that
is engaged in weaving, solid-dyeing and finishing of woven fabrics
for 100% export oriented RMG units.
Major Product
The product range offers 100% cotton fabrics as well as blended
fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and
cotton/lycra. The weaving unit produces gray fabrics in various
design and constructions such as Twill, Canvas, Oxford, Rib stop,
Rib cord, Ottoman, Herringbone, and various dobby designs with
weight range of 100-450 GSM. The finishing mix of Hamid Fabrics
Limited comprises water repellent, fire proof, wrinkle free, teflon
coating, aero finish and chintz finish etc.
Security Trading Code HFL
Subscription Open September 28, 2014
Subscription Close October 02, 2014
Subscription period for NRB September 28, 2014 to October 11,
2014
Authorized Capital Tk. 2,000,000,000
Pre- IPO paid-up Capital Tk. 488,375,000
IPO size in shares 30,000,000
IPO size in Tk. at face value Tk. 300,000,000
IPO size in Tk. at offer price Tk. 1,050,000,000
Post IPO Paid-up Capital Tk. 788,375,000
Face Value per share Tk. 10.00
Offer Price per share Tk. 35.00
Market Lot (Shares) 200
Use of IPO Proceeds Proceeds from initial public offering (IPO)
will be used for Settlement of loans (28.90%), expansion project
(68.76%) and IPO expenses (2.33%).
NAV per share with revaluation surplus Tk. 46.78 as on June 30,
2014
without revaluation surplus Tk. 32.21 as on June 30, 2014
EPS Tk. 5.58 for the year ended on June 30, 2014
Issue Manager(s) ICB Capital Management Limited
Auditors Howladar Yunus & Co.
Website www.mahingroup.com
