New IPO News Of Yeakin Polymer Limited( IPO) Subscription Begins July 10, 2016

New IPO News Of  Yeakin Polymer  Limited (IPO) subscription Date will be Start from 10 July 2016 to 20 July 2016 for General and Foreign Investor .

The market lot of the company consists of 500 shares, thus Tk 5,000 required for one application. An investor could submit one application through a single name and another through a joint name.

The capital market regulator BSEC on May 19 in its 573rd commission meeting approved the Yeakin Polymer  Limited  .

The company intended to collect Tk 20 crore through floating 2 crore shares in the market with Tk 10 as face value.

Imperial Capital Limited and FAS Capital Management have been assigned as issue manager in this regard.

According to the audited financial statement for the year ended on June 30, 2015, earnings per share (EPS) of the company stood at Tk 1.41 and net asset value (NAV) Tk 14.61.

Yeakin Polymer Limited will invest the capital in buying machinery, establishing factory and administrative buildings and related sectors, said BSEC sources.

Share on Google Plus

About Jessica Hornberger

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.