IPO of Next Generation Fashion Ltd. Apply 17 times




Primary initial public offer  (IPO) of shares allocated to the Generation Next Fashion Ltd for a total of 7 lac 63 thousand  484 have applied for the investors. In the meantime, investors and local people mutual Fund quota of 7 lac 41 thousand 584 thousand applications were submitted to the public and general investor quota. Total Tk 506 core 70 lac 59 thousand with the application submitted by the company almost 17 times more than the IPO price. The company has been primarily in the statistics.


This company share face value of TK 10 per share value of company
and offer price is 10/= including a premium of Nil.. Among these foreign investors for 30 lac and mutual funds shares for 30lac will be allocated. The remaining 40 lac is to be allocated to the shares of common investors. Mutual funds and the general for investor’s quota shares for a total of 7 lac 41 thousand 584 applications submitted. Submission of these two categories amount to TK 95 core 70 lac 59 thousand. Our foreign Bangladeshi investor total of 11 thousand cores submitted with the application. Three categories of applicants, only 60 thousand people in the company's shares will be allocated.


Stock Market Generation Next fashion for collecting money from the Securities and Exchange Commission on 31 July (SEC) approved by the. The company's current authorized capital of tk200 core and paid up capital Tk 87 core 16 lac 50 thousand cores. IPO paid up capital at the end of the process 117 core 16 lace 50 thousand will be promoted.
Last financial year 31 December 2011 Company show the EPS two taka nine paisa and Net asset value per share (NAV) of Tk 64.



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