VFS Thread Dyeing Limited IPO Lottery Result & Information
VFS Thread Dyeing Limited IPO Lottery Result published on 19 July 2018. VFS Thread Dyeing Limited IPO Lottery Result & Information also found here. VFS Thread Dyeing Limited Subscription Open was June 24, 2018, and Close on July 02, 2018. VFS Thread Dyeing Limited IPO Lottery Result updated. Download VFS Thread 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 VFS Thread Dyeing Limited
VFS Thread Dyeing Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of VFS Thread Dyeing Limited on 03 April 2018 at their 638th board meeting. BSEC approved the IPO of the company to raise capital of Tk 22 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 19.90. The earnings per share (EPS) was Tk 2.25 for the year ended on June 30, 2017. Citizen Securities & Investment Limited and First Security Islami Capital & Investment Limitd 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.
VFS Thread Dyeing Limited IPO Lottery Result & Information Found Here
VFS Thread Dyeing Limited IPO Lottery Result 2018 published on 19 July 2018 & found here. Download VFS Thread Dyeing Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 24 June 2018 to 02 July 2018. VFS Thread Dyeing Limited IPO Lottery draw held on 19 July 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 VFS Thread 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 link will be updated when the result published)
You can also get the result from the official website of VFS Thread Dyeing Limited IPO Lottery Result i.e. www.vfsthread.com
You can also download VFS Thread Dyeing Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
VFS Thread Dyeing Limited as per Prospectus
VFS THREAD DYEING LIMITED
(Subscription Open: June 24, 2018, Close: July 02, 2018)
Share Value: Taka 10/Per Share
Lot Distribution: 500
Premium Value: Taka 0/Per Share
Total Value Taka = 5,000
Issue Manager: Citizen Securities & Investment Limited and First Security Islami Capital & Investment Limitd have acted on behalf of the company’s issue manager.
Brief Description with Address of VFS Thread Dyeing Limited
VFS Thread Dyeing Limited a 100% export oriented manufacturer of high quality sewing thread products incorporated in Bangladesh on April 20, 2010.The Company started its commercial operation on 02 July 2012. Later on, it converted into a public Limited Company on January10, 2013. The principal activities of the Company are to carry on the business of dyeing and finishing of sewing thread of different types for 100 % export oriented ready-made garments industries in Bangladesh. Business is and always has been a dynamic and diversification process. We strive to be at the fore front of change in fashion and trend setting while in continuous pursuit of quality and commitments through total customers focus in all operational areas.
VFS Thread 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 VFS Thread 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 #257 (3rd Floor), Road#3, Baridhara DOHS, Dhaka.
Phone: +88 02 8419542, 8419549
Fax: +88 02 8414678
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