Pacific Denims Limited will offer its Initial Public Offering (IPO) on Tuesday.
According to CSE news posted on Monday, the IPO lottery program of Pacific Denims Limited will be held at 10:30am on Tuesday (January 10) at Auditorium of Nabab Nawab Ali Chowdhury Senate Bhaban, University of Dhaka.
The Company produces a single product ‘denim fabrics’ of various specifications, compositions, color and qualities.
The company intends to collect Taka 75 crore from the capital market offering 7.50 Crore ordinary shares to issue share prices at Taka 10 as face value.
The company’s earning per shares (EPS) Taka 2.63 and net asset value (NAV) Taka 26.43 according to the financial statement for the year ending on 31 December 2015.
Earlier, the Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Pacific Denims Limited on 1st September 2016 on his 582nd meeting.