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Tosrifa Industries IPO Result 2015 -northerntosrifa.com.bd

Tosrifa Industries Ltd IPO Approved – www.northerntosrifa.com.bd

Tosrifa Industries Ltd IPO Approved – www.northerntosrifa.com.bd. The Bangladesh Securities and Exchange Commission on Today, 10th February 2015 approved an Initial Public Offering (IPO) of Tosrifa Industries from Northern Tosrifa Group to to go for public worth Tk 63 crore 87 lac 21 thousand and 200 taka to float 2 crore 45 lacs 66 thousand and 200 ordinary shares at offer value at Tk 26/- with 16 taka premium.

The decision was taken at 583th regular meeting of the commission. Md. Saifur Rahman, Executive Director of BSEC  by a press release informed this to us.

As per the Tosrifa Industries latest financial statement for the year ended on December 31, 2013, the net asset value (nav) per share of the company was Tk 34.41 with an earning per share (eps)of  Tk 2.43. Tosrifa Industries will use IPO fund for Business expansion and to bear the IPO cost.

IDLC Investment Ltd will acts as a issue managers of the Tosrifa Industries IPO.

About the Company:

Tosrifa Industries Ltd (TTL):

Tosrifa Industries Ltd IPO Approved - www.northerntosrifa.com.bdWith hard earned experiences from Northern Corporation & Fashion Asia, Tosrifa Industries Ltd. was formed in the year 2002. Tosrifa has all the latest technology & is main focused to produce best quality knit apparel items. With the usual ISO 9001:2008 and OEKOTEX 100 standard certificates, it is well on its way to receiving the ISO 14000: Environmental Management Certificate soon. TTL factory running with 1,600 employees to producing 10 tons of grey fabric each day and 3.3 million sewing production minute each month and its annual turnover of USD 12 million.


Corporate Head Office:

Holding No 4/2 A, Plot – 49 & 57 135 Gopalpur,
Munnu Nagar, Tongi, Gazipur, Bangladesh

Finance Office:

Plot#91, 4th & 5th Floor, Suhrawardy Avenue, Block – K
Baridhara, Dhaka-1212, Bangladesh

  • Phone: 880 2 9882516-7, 880 2 9882607
  • FAX: 880 2 9882610

 Tosrifa Industries IPO Result 2015: Click here

IPO Application Forms, Prospectus and IPO result of Tosrifa Industries Ltd IPO Approved – www.northerntosrifa.com.bd will be available here shortly so keep visiting us.

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