Matin Spinning IPO Result

Matin Spinning IPO Result. Matin Spinning Mills IPO result revealed twenty seven Feb 2014. DSE IPO Lottery Result Matin Spinning Mills restricted revealed 2014 by company authority. Matin Spinning Mills Ltd IPO Result, transfer Application Forms – web.matinspinning.com. Matin IPO Subscription can continue twenty six-30 Jan 2014 for Residence Bangladeshi and 26 Jan-08 Feb 2014 for Non-Residence Bangladeshis.

Matin Spinning Mills Ltd (MSML) are issued thirty four,100,000 common stock from public and may take one,261,700,000 Bangladeshi monetary unit through Initial Public giving (IPO).

Manufacturing combed and carded yarn from raw cotton starting from 10/s (pronounced “10 single”) to 55/s count. Major product of Matin Spinning Ltd is combed, Carded, artificial and roughness Yarn.

According to the prospectus, the IPO proceed for pay off Tk.1,230,257,270 are used for growth of Existing Plant (Melange Project) and Tk.31,442,730 for IPO Expenses.

As per monetary report on thirty June, 2013, EPS =3.97/-; NAV=20.04/- and thirty five.73 with reassessment reserve. IDLC Investment restricted can act as a Issue Manager of this IPO.

Get Matin Spinning Mills IPO Result

Matin Spinning Mills Ltd face price Tk. 10/-, selling price 37/- per share (with 27/- premium), Market heap two hundred shares and Single heap value 7400/-

Total lots=1,70,500 tons in IPO, out of this it'll be divided into following classes, RB=1,02,300, NRB=17,050, Mutual Fund=17,050 and Affected tiny Investors=34,100 lots.

Subscription (for RB)= twenty sixth Jan 2014 to thirty Jan 2014.
Subscription (for NRB)=26th Jan 2014 to 08 Feb 2014.