Queen South Textile Mills Limited IPO Lottery Result & Information

Queen South Textile Mills Limited IPO Lottery Result published on 01 February 2018 & found here including all potential Information updated this post. Queen South Textile Mills Limited subscription open from 07 January 2018 to 15 January 2018.  Queen South Textile Mills Limited IPO Lottery Result updated. Download Queen South Textile Mills Limited IPO Lottery Result that will be published here.  IPO or an Initial Public Offer (IPO) is the first sale of a stock by a private company to the public company. In this way, a company can increase money by issuing either debt or equity. IPO or Share market inauguration is a type of public offer in which shares of a company generally are sold to the predictable investors that in turn, sell to the general public by a securities exchange for the first time.

Queen South Textile Mills Limited IPO Lottery Result & Information Latest

In this way, a private company converts into a public limited company. IPOs are often issued by smaller or newer companies seeking the funds or capital to expand, but can also be done by large privately-owned companies looking to become in public trading.

Download Prospectus of Queen South Textile Mills Limited

Initial Public Offer (IPO) of Queen South Textile Mills Limited

Queen South Textile Mills Limited IPO Lottery Result & Information found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Queen South Textile Mills Limited on 14 November 2017 at their 615th board meeting. The company has expressed its intention to collect Taka 15 crore from the capital market offering 1.5 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earnings per shares (EPS) Taka 1.85 (Basic) for the period ended on and net asset value (NAV) Taka 17.18 according to the financial statement as on 30 June 2017. Alpha Capital Management Limited working on behalf of the company’s issue manager. The company will spend the capital for Business expansion, acquisition of Plant & Machineries, Building & other civil works and IPO related other relevant expenses.

Queen South Textile Mills Limited IPO Lottery Result & Information Found Here

Queen South Textile Mills Limited IPO Lottery Result published soon. Download Queen South Textile Mills Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 07 January 2018 to 15 January 2018. Queen South Textile Mills Limited IPO Lottery draw and Result published on 01 February 2018. Place: Ramna Engineering Institute, Dhaka at 10:00 A.M. See the Result below.

Click the following Link to get Queen South Textile Mills Limited IPO Lottery Result

  1. Stock Broker/ Merchant Bank Code
  2. General Public/Resident Bangladesh
  3. Non-Residence Bangladesh(NRB)
  4. Affected Small Investors

You can also get the result from the official website of Queen South Textile Mills Limited IPO Lottery Result i.e. www.qstmills.com

You can also download Queen South Textile Mills Limited from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

Queen South Textile Mills Limited as per Prospectus

QUEEN  SOUTH TEXTILE MILLS LIMITED
(Subscription Open: January 07, 2018, Close: January 15, 2018)

Share Value: Taka 10/Per Share
Lot Distribution: 500
Total Value Taka = 5,000
Institute/Eligible Investor (EI) (40%) = 12,000 Lot

Mutual Fund (MF) (10%) = 3,000 Lot
General Public & Affected Investors (40%) = 12,000 Lot
Non-Residential Bangladesh (NRB) (10%) = 3,000 Lot
Total Lot 100% = 30,000 Lot
Total Share = 1.5 Core

Earnings per Share (EPS): 1.85 (Basic) 
Net Asset Value (NAV): 17.18
according to the financial statement for the period ended on 30 June 2017.

Issue Manager: Alpha Capital Management Limited have acted on behalf of the company’s issue manager.

Website: www.qstmills.com

Click here to Download Prospectus of Queen South Textile Mills Limited

Brief with Address of Queen South Textile Mills Limited

Queen South Textile Mills Limited was incorporated on 15 June 2003 as a private limited Company and was subsequently converted into a public limited company on 25th January 2016. Queen South Textile Mills Limited is a pioneer company. It is believed in a world that is safe and sound for us and also for our next generation. Website: www.qstmills.com

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IPO Latest Update Information 2018

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