Download pdf - IPO Hamid Fabrics

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  • 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