28 C
Dhaka

Shepherd Industries Ltd IPO Result and Application Information

Date:

Share:

Shepherd Industries Ltd IPO Result and Application Information. Shepherd Industries limited approved a Tk 200 million (IPO) initial public offering of Shepherd Industries under the fixed price method by The Bangladesh Securities and Exchange Commission.

Shepherd Industries Ltd IPO Result

Shepherd Industries Limited will float its two crore ordinary shares for public at an issue price of Tk 10 each, a BSEC news release said.

Alpha Capital Management Limited is the issue manager of Shepherd Industries. The capital market regulator gave the approval at a commission meeting which was presided over by its chairman M Khairul Hossain.

Shepherd Industries, which was established in 2000, will use its IPO proceeds in purchasing machinery, constructing building, enhancing capacity of effluent treatment plant, repaying bank loan and meeting up IPO expenses.

Shepherd Industries Ltd IPO Result Published

Stock Broker / Merchant Bank Code

General Public Shepherd IPO Result

Affected Investors

Non Residence Bangladeshi (NRB)

Eligible Investors

Mutual Fund (Pro Data Basis)

[quote color=”#eeee22″ bgcolor=”#6326f2″ bcolor=”#f2290e”]Shepherd Industries Ltd IPO Result Will Publish on 6th February[/quote]

Shepherd Industries Ltd IPO Offer price Tk. 10.0, Face value per share Tk. 10.0, Market lot 500 units and Single lot price Tk. 5000.00.

Last five years’ weighted average earnings per share of the entity was Tk 1.44 and net asset value per share was Tk 18.70 as per the company’s audited financial statement for the year ended on June 30, 2022.

The regulator has also approved the proposal of Tk 3.0 billion non-convertible coupon bearing subordinate bond to be issued by Jamuna Bank. The approvals came at a commission meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).

See also  Ngi.teletalk.com.bd NTRCA E-Software On-line Apply 2022 | Cycle 4 E-Requisition

Shepherd Industries Ltd IPO Subscription Details

Subscription open: December 2022

Subscription close: December 2022

Subscription close for NRB December 2022 to December 2022

Shepherd Industries Ltd IPO Form & Prospectus

Shepherd Industries Resident Form

Shepherd Industries NRB Form

Shepherd Industries Affected Form

As per the BSEC approval, Shepherd Industries will offload 20 million shares at the face value of Tk 10 each for raising a fund worth Tk 200 million. The fund will be utilized for the purpose of expanding and constructing washing plant and ETP and purchasing machineries along with repayment of bank loans.

As per the financial statement for the year ended on June 30, 2022 the company’s net asset value (NAV) is Tk 18.70. The weighted average earnings per share (EPS) based on financial statements of five years has stood at Tk 1.44.

About Shepherd Industries Limited

Shepherd Industries Ltd IPO Result

Shepherd Industries Limited (also called SIL) is a sister concern of Shepherd Group. According to the company’s official website, the Shepherd Industries was established in 2000 in Bangladesh.

“With nearly 20 years of sweater yarn dye and garment wash experience and innovation, we have received a reputable name in this industry in Bangladesh,” the company said.

Not only our yarn and garment washing quality remains one of the highest satisfaction in the market, we are also capable of providing huge production with very short lead time to meet customers’ delivery deadlines. Our production machineries are equipped with the latest technology. Our laboratory is monitored by foreign technicians. We are committed to quality control, accurate time delivery, and large production capacity.

See also  FTP Server BD 2022 | Download BDIX FTP Server List

The company’s main products include various types of cotton yarn, Acrylic Cotton, Acrylic, Acrylic Wool, Acrylic Nylon, Piece Dyeing, Garments Wash, 100 per cent Nylon and Acrylic Viscose blended yarn.

EXPORT MARKET:

SIL is an export oriented company and its main buyers are Mark & ​​Spencer, Tesco, Zara, H&M, Wal-mart and many more.

Shepherd Industries Ltd Address:

Corporate Office

SHEPHERD TOWER

House # 24, Road # 4, Sector # 4 Uttara Model Town, Dhaka-1230, Bangladesh.

Phone: + 880-2-7913340-42, Fax: + 880-2-7913359-60, E-mail: [email protected]

Factory Address

Bagrapara, Kathali, Bhaluka, Mymensingh, Bangladesh.

Phone: + 880-9022-56122-124, Fax: + 880-9022-56288

Website Address: www.shepherdgroupbd.com

If you need more information about Shepherd Industries Ltd IPO Result and Application form then comment below or message us through facebook. We will reply as soon as possible.

Save

━ more like this

Payra Port Authority Job Circular 2022- ppa.gov.bd Apply online

Payra Port Authority Job Round 2022, PPA Job Round 2022: These looking for a reliable authorities job in Bangladesh? They've a bit of...

Beloved Mouse Turns One: Minnie Mouse Celebrates Her First Birthday

Minnie Mouse is likely one of the most beloved cartoon characters of all time. And what’s to not love? She’s cute, she’s sassy, and...

Beloved Mouse Turns One: Minnie Mouse Celebrates Her First Birthday

Minnie Mouse is among the most beloved cartoon characters of all time. And what’s to not love? She’s cute, she’s sassy, and she or...

Best Faux Fur Tote Bags For Every Budget

In the case of discovering the most effective fake fur tote bag, there are some things you’ll need to remember. First, take into account...

Beloved Mouse Turns One: Minnie Mouse Celebrates Her First Birthday

Minnie Mouse is likely one of the most beloved cartoon characters of all time. And what’s to not love? She’s cute, she’s sassy, and...