IPO subscription of the company will begin October 14 and remain open till October 25, 2015 for resident Bangladeshis and non-resident Bangladeshis (NRBs) under the mandatory new IPO method.
Regent Textiles Ltd :
Lot : 200
Per Share = 25/- (With Premium 15/-)
Total Taka = 5000/-
Lot Distribution :
General (60%) = 1,50,000 Lot....
Affected (20%) = 50,000 Lot....
NRB (10%) = 25,000 Lot...
MF (10%) = 25,000 Lot...
Total Lot (100%) = 2,50,000 Lot....
Total Share : 5 Core....
Issue Manager : Lanka Bangla Investment...
IT Management : Satcom...
Regent Textile Mills, an export oriented textile mill for woven fabrics and home furnishing items, will offload 50 million ordinary shares at a price of Tk 25, including a premium of Tk 15 for each ten taka share.
The company will utilise the fund for the purpose of BMRE (Balancing, Modernisation, Replacement and Expansion) along with setting up new business project.
According to financial statement for the year ended on December 31, 2013 the company's earning per share (EPS) and net asset value (NAV) are Tk 2.92 and Tk 33.17 respectively.
LankaBangla Investment is working as the issue manager of the Regent Textile Mills.
As per the BSEC approval, AB Bank will issue Non-convertible Subordinate Bond worth Tk 4.0 billion to expand Tier-II Regulatory Capital and Capital Adequacy Ratio.
Regent Textile IPO Information:
Market Lot Total: 200
Total Shares: 50 Million
Total Value: TK 5000 for each lot
Value per Share: TK 25 Premium Value: TK 15
EPS: TK 2.92 ; NAV: TK 33.17
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