IPO Approved of Fortune Shoe Ltd

Fortune Shoe Ltd will be collect 22 Crore taka against 2 core 22 lac share in the stock market . As well as to the issue of shares of face value of BDT 10 at the company approved the Commission.

Fortune Shoe Ltd raised the money through the purchase of machinery, administrative buildings and IPO will be spent.

According to the financial statement(29February 2016 ) for 9 months ended on 2016, the company's earnings per share were BDT1.22 paisa . The share of asset value (NAV) of BDT.13.75 paisa.

Prime Bank Investment Ltd is the issue manager and Imperial Capital.

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