Khulna Printing and Packaging IPO From, Prospectus Download. Khulna Printing and Packaging IPO has approved yesterday. The Bangladesh Securities and Exchange Commission approved Initial Public Offering (IPO) of Khulna Printing & Packaging Tk 40-crore on Tuesday. The BSEC approved the issue presided over by its chairman M Khairul Hossain at a commission meeting.
According to BSEC news release, The Company will use the IPO fund to meet its current capital requirement, to repay term loans and for IPO expenses. The BSEC agreement, Khulna Printing & Packaging will float 4 crore shares of the company at a Tk 10 face value of each share.
On the financial statement for the year ended on 30th June 2013 company stood at and correspondingly after revaluation.Khulna Printing & Packaging Ltd Earnings per Share= Tk 2.82 ,Net Asset Value= Tk 24.26 , Face Value= Tk 10.
Khulna Printing & Packaging Ltd company’s issue manager is Sonali Investment Limited. At the meeting The BSEC also fined Southeast Bank Capital Services Limited is a merchant bank & Tk 2 lakh as the company offers loans to its clients on ‘N’ category shares break a BSEC command.
Bangladesh Securities and Exchange Commission instruction of 2009 disallowed any unit, merchant banks and brokerage houses, to provide any margin loans beside recently listed stocks within 30 days of the listing.
Khulna Printing & Packaging ipo Subscription Details:
Opening date for Subscription : 04 May 2014
Closing date for Subscription : 08 May 2014
Subscription close for NRB : 04 May2014 to 17 May 2014
Khulna Printing & Packaging Ltd
Khulna Printing & Packaging Ltd. is one of the sister concern of Lockpur Group of Companies. It is a World Class quality packaging industry in the country. It was established in 1999 and got registered with the board of Investment, Prime Ministers Secretariat and Peoples Republic of Bangladesh with an intension to produce Packaging Materials for export industries. Expressly frozen shrimps & Front view of Khulna Printing & Packaging Ltd white fish and other frozen fish related materials. Such as- printed Polly bags & non-Printed Polly bags in diverse sizes, Sticker & Rider etc.
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