Matin Spinning Mills Ltd to raise capital value Tk 126.17 crore during IPO at an issue price of Tk 37 including premium of Tk 27 each share. The Bangladesh Securities and Exchange Commission made the decision in a regular commission meeting held at its office in Dhaka.
BSEC said in a meeting that Matin Spinning Mills will issue 3.41 crore shares of Tk-10 face value each share. The Matin Spinning will use the IPO proceeds to make bigger its business and to meet up IPO expenses.
Matin Spinning Mills Ltd net asset value per share was Tk 35.73 with earnings per share of Tk 3.43, ended on June 30, 2013. Matin Spinning issue manager is IDLC Investments Ltd. The Bangladesh Securities and Exchange Commission (BSEC) in the meeting allowed Aramit strengthen to raise Tk 25.41 crore by offering 1 rights share besides existing 1 share at an issue price of Tk 15/- including premium of Tk 5/- every share.
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Matin Spinning IPO Limited Offer price Tk. 37.0, Face value per share Tk. 10.0 , Market lot 200 units and Single lot price Tk. 7400.0 .
Matin Spinning Mills has a manufacture capacity of 25,000 kg per day. Matin Spinning started commercial operation in October 2006. Matin Spinning IPO forms download from our website. We will first give you Matin Spinning IPO forms and prospectus. Keep daily visit our website to get Matin Spinning Mills Ltd IPO forms.
Matin Spinning Mills Limited offers a diverse product line to fulfill demands of customers and has the finest yarn spinning facility in the country. We have optimized our spinning processes by applying state-of-the-art technology & machineries to every phase of our production processes.Matin Spinning Mills Ltd takes immense pride in identifying its role as the pioneer of quality yarn manufacturers of Bangladesh.
Matin Spinning Mills Ltd address:
Corporate Office: 23/1 Panthapath Link Road BGMEA Complex, Kawran Bazar Dhaka – 1215, Bangladesh Phone: +880-2-8140207 to 12 Fax: + 880-2-8140214 Email: email@example.com. Matin Spinning Mills Factory Address: Kashimpur, Gazipur Dhaka.