M.L. Dyeing Limited IPO Lottery Result Published on 09 August 2018 & found here. M.L. Dyeing Limited Subscription Open was July 08, 2018 and Close on July 19, 2018. ML Dyeing Limited IPO Lottery Result updated. Download M.L. Dyeing Limited IPO Lottery Result that will be published & found 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.
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.
Initial Public Offer (IPO) of M.L. Dyeing Limited
ML Dyeing Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of M.L. Dyeing Limited on 14 May 2018 at their 644th board meeting. BSEC approved the IPO of the company to raise capital of Tk 20 crore from the market through fixed price method on 2017.
According to the financial statement for the year ended on June 30, 2017, the company’s net asset value (NAV) per share is Tk 23.71. The earnings per share (EPS) was Tk 1.58 for the year ended on June 30, 2017. NBL Capital and Equity Management Limited, and Ruplali Investment have acted on behalf of the company’s issue manager. The company’s IPO fund will be used to purchase machinery, to repay bank loans and to bear IPO expenses & IPO related other relevant expenses according to the IPO prospectus.
M.L. Dyeing Limited IPO Lottery Result Found Here
M.L. Dyeing Limited IPO Lottery Result 2018 published on 09 August 2018 & found here. Download ML Dyeing Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 08 July 2018 to 19 July 2018. M.L. Dyeing Limited IPO Lottery draw held on 09 August 2018. Place: Engineering Institute, IEB Millaniton, Ramna Dhaka at 10:30 A.M. The IPO results will be published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and the company’s website after the lottery programme. See the Result below.
Click the following Link to get ML Dyeing Limited IPO Lottery Result
- Stock Broker/Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
- All Eligible Investor (Pro-Data Allotment)
(The above result has been published and updated today on 09.08.2018)
You can also get the result from the official website of ML Dyeing Limited IPO Lottery Result i.e. www.mldyeing.com
You can also download ML Dyeing Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
ML Dyeing Limited as per Prospectus
ML DYEING LIMITED
(Subscription Open: July 08, 2018, Close: July 19, 2018)
Share Value: Taka 10/Per Share
Lot Distribution: 500
Premium Value: Taka 0/Per Share
Total Value Taka = 5,000
Issue Manager: NBL Capital and Equity Management Limited, and Ruplali Investment have acted on behalf of the company’s issue manager.
Brief Description with Address of ML Dyeing Limited
ML Dyeing Ltd.- a 100% export oriented manufacturer of high quality sewing thread products incorporated in Bangladesh on 21 March 2001 as a private limited Company and was subsequently converted into a public limited company on 2 June 2010.
ML Dyeing Limited is mainly engaged in manufacturing of high class yarn in Bangladesh and marketing and selling of product in the worldwide and domestic Market. The installation of a high capacity air conditioning and filtration plant has enabled the mill to meet the international standards. The Company manufactures 100% cotton Carded; Combed & Semi combed ring spun grey yarn for knitting as well as weaving. From the beginning of operation of ML Dyeing Limited, it has managed to comply with the international standards of management, which was reflected in the attainment of ISO 9001:2000 Certificate that was conferred for fulfilling the norms of ISO standard in every step of its management of the plant.
All the machinery imported from Germany, Switzerland, Italy, Japan & China are contemporary, high-tech and hi-speed most modern machines to spin the finest quality cotton yarn conforming to global standards.
The Principal activities and nature of the business of the company is to manufacture of high quality yarn in Bangladesh and marketing and selling of product in the global and domestic Market. The company manufactures auto coned electronically cleared cotton yarns for weaving and knitting applications.
Corporate Office :
House#11 (Floor:6-A), Road#12,Block# F
Neketon, Gulshan-1, Dhaka,Bangladesh
Vill: Zamirdia, 10-Hobirbari,
P.S: Bhaluka, Dist: Mymensingh
Year of Establishment
Golam Azam Chowdhury
All Kinds of Sweater and Knit Yarn (Dyed in Hank, Cone and Piece dye)
- Hanks Dyeing:
Acrylic Yarn : 150,000 Lbs /Day
Cotton Yarn : 55,000 Lbs /Day
- Cone Dyeing: 16 Ton Per Day
- Piece Dyeing : 5000 Pcs Per Day
60 Million US Dollar Per Year
3,00,000 Square Feet Factory Area
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