KDS Accessories IPO Result & Application Form – kdsaccessories.com. Securities and Exchange Commission (BSEC) approved a KDS Accessories Ltd IPO on May 27, 2015. KDS Accessories Limited are going to 1.20 crore ordinary shares of Tk10/= each at offer value of Tk.20/= with 10 taka as premium. KDS Accessories Ltd Bangladesh will raise 24 crore taka through this initial public offerings (IPO).
The decision was taken at a 545th regular meeting of the commission chaired by its chairman Mr. Khairul Hossain. The Company will raised a fund worth Tk. 240 million under fixed price method through 12 million of ordinary shares at an offer price of Tk. 20 (including a premium of Tk. 10 each) against Tk. 10 per share value. Tk. 150 million of this raised fund will be utilized for the expansion of the project balance Tk. 70 million will be utilized for repayment of bank loan and remaining Tk. 20 million will be utilized for IPO expenses.
As per latest financial statements of KDS Accessories Ltd ended on December 31, 2013, the Earning Per Share (ES) was 2.29/- and Net Asset Value (NAV) was 19.63/- taka.
Alliance Financial Services Ltd will acts as the issue manager of the KDS Accessories Ltd IPO.
As per new rules KDS will collect money thorough Broker House only, not any bank. This will be the third company which will follow this new rules.
About the KDS Accessories Ltd:
KDS Accessories is a sister concern of KDS Group of Bangladesh. It works in the most comprehensive range of apparel Trims and Packaging products and services. The KDS Accessories Ltd is producing Packaging, Thread, Label and Tags, Poly bags, Hangers, Printing and Heat Transfer; Investing, Insurance, Loans, Mortgage, Attorney, Credit, Lawyer, Donate, Degree, Hosting, Bonds. It also offers Supply Chain Solutions & Trims Solutions, forex, stock market for their valued clients.
Address (Dhaka Office):
KDS Accessories Ltd
Road No. 4, House 63,
Block-C, Banani, Dhaka 1213.
Telephone: 9883279, 8821722 ; Fax: 8825218
E-mail : firstname.lastname@example.org
KDS Accessories Ltd IPO Approved:
Name: KDS Accessories Ltd Bangladesh
Market lot: 250
Per share: 20/=
Total Taka: 5,000/= for each lot
Total Share 1 crore 20 lac
EPS: 2.29 Tk
NAV: 19.63 Tk\
KDS Accessories Bangladesh IPO Subscription:
Subscription date, IPO application forms will be available here.
IPO Prospectus, Application Form, IPO result and update of KKDS Accessories IPO Result Application Form Approved – kdsaccessories.com will upload here. You may also visit their website, www.kdsaccessories.com.