ML Dyeing Limited IPO Result Publish Date 2018 has been fixed. On 9th August (Thursday) 2018 at 10 am ML Dyeing IPO Result Publish 2018 will be publish. This IPO result 2018 will be found in our website at allresultbd.com. The principal activities of the ML Dyeing are to carry on the business of dyeing and finishing yarn for 100% export oriented sweater industries in Bangladesh.
At Engineering Institute, IBI Auditorium, Ramna, Dhaka; ML Dyeing Limited IPO Result Publish 2018 will be announcing. On 8th July (Sunday) 2018, ML Dyeing Limited IPO subscription was release. This subscription was continuing till 19th July (Thursday) 2018.
ML Dyeing Limited IPO Result 2018
On 15th may (Tuesday) 2018, the securities regulator, BSEC (Bangladesh Securities and Exchange Commission) was approved the IPO proposal of ML Dyeing Limited. The company was proposing at BDT. 20 million for general shares and propose price of each at BDT. 10.
It is to be noted that without the reckoning of the financial year ended on 30th June 2017, Net Asset Value per share has been fixed at BDT. 23.71. And the average rate per share is at BDT. 2.35.
The company’s current paid-up capital is at BDT. 140 crore & 41 lakh. And through the IPO, the company acquires the permission to collect total at BDT. 20 crore from the 20 million shares in the capital market.
ML Dyeing Subscription Open: July 08, 2018
Subscription Close: (Cut-off Date) July 19, 2018
This money company will spend BDT. 17 crore & 83 lakh for purchasing machinery and equipment and the remaining money will use for IPO cost. The company will complete these activities within 21 months of the IPO fund.
ML Dyeing IPO Result 2018
NBL Capital and Equity Management Limited and Rupali Investment Limited are working as the issue manager of the company. See All IPO Result 2018.
The market lot is 500 shares and an investor needs at BDT. 5,000 to apply for one lot. The required amount (per lot) in foreign currency for NRBs and foreign applicants is US$ 60.28 or GBP 45.24 or EUR 51.50, according to Dhaka Stock Exchange (DSE).
IPO is an Initial Public Offer; it is the in initial sale of a stock. It is the process of selling share between & public company & private company. Here, public company purchase shares from the private company. Only private companies advertise the share to the public company.
In this way, a company can increase money through issuing both debt and equity. Share market launch or IPO is a kind of public proposes in which shares of a company usually are sold to the expected investors. That is in turn selling to the common community by a securities substitute for the opening time.
About ML Dyeing Limited:
ML Dyeing Limited is established in 2001. ML Dyeing will be listed in 51st company in the textile sector subsequent to finishing all formalities.
ML Dyeing is situated at Bhaluka, Mymensing. It produces Cotton Yarn, Hanks Dyeing, Cone Dyeing, Piece Dyeing and Acrylic Yarn for the export-oriented garment industry. ML Dyeing Ltd is committed to serve every need and demand of international markets with full energy and enthusiasm to provide better level of services, best quality products and timely delivery.
ML Dyeing Ltd Address
|House no# 11 (Floor:6-A), Road no# 12, Block# F, Neketon, Gulshan-1, Dhaka, Bangladesh.||Village: Zamirdia, 10-Hobirbari, P.S: Bhaluka, District: Mymensing.|
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