Khan Brothers PP Woven Bag Industries Ltd IPO Result

Khan Brothers PP Woven Bag Industries Ltd IPO Result. Khan Brothers PP woven Bag Industries ipo Result are going to be publish today, 25Sept 2014. IPO lottery are going on at Institute of Engineers bangladesh (IEB), Dhaka. Khan Brothers IPOover subscript 41.689 time.

Khan Brothers PP Woven Bag Industries Ltd IPO ResultKhan Brothers PP woven Bag Initial Public providing Subscription was from24 – 28 August 2014 for RB and 24 Aug – 06 September 2014 for NRB. BSEC approved Khan Brothers PP woven Bag ipo on twenty fourth Juneto go for public value Tk200,000,000/- to float 2.00crore shares at supply price at Tk 10/-except any premium.

As per the most recent financial statements over on june thirty, 2013, per share the earning per share (EPS) was 1.67/- with net asset price (NAV) of 14.69/- with appraisal. AFC Capital Ltd & BMSL Investment Ltd are are acting because the issue manger of the Khan Brothers.

IPO Subscription status:

Khan Brothers PP woven Bag Industries Ltd IPO.:

Amount of subscription (except NRB)=Tk.8,304,540,000/- (Application received=1660908).
Amount received from NRB = Tk.57,78,000/- as on 28 August 2014 (Application received=6656).

So, up to 28 August total subscription received=Tk.8337820000/- (application received=1667564) against Public Issue of ipo of Tk. 20,000,000 (Total Lots=40,000 nos) which is over signed by 41.689 times.
i.e Khan Brothers ipo over subscript 41.689 times then IPO limit.

About the Company:
Khan Brothers PP woven Bag Industries IPO Result Khan Brothers cluster of corporations started off as a PP woven luggage called Khan Brothers PP woven Bag Industries Ltd. Call Centre, PP woven luggage is initial concern of this group. This Project is extremely self-made and had helped foster the expansion of trust and confidence of the urban folks, Khan Brothers Industries cluster invest in new fields, as well as C.N.G, Poly Bag, Ship, net design and Development, knowledge Entry & Outsourcing.

24/1, Chamelibagh, Floor #5, Shantinagar, Dhaka-1217
Phone:  8332069, 8332108, Fax: 2 833 2576,

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