IPO

Public Notice

Re-opening of Subscription Period of Initial Public Offering (IPO) of Argon Denims Limited.


This is for information of all concerned that SEC has approved the re-opening of subscription of Argon Denims Limited at a discounted offer of issue price of Tk. 35 per share, including premium of Tk. 25 each in 449th Commission meeting held on 16.10.2012. The approved subscription date of “Argon Denims limited” is for General Public from 26.11.2012 to 02.12.2012 and for NRB from 26.11.2012 to 11.12.2012 respectively.

 

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For Argon Denims Limited
Sd/-
Itrat Husain FCMA, FCS
Company Secretary

 

Regulator approves ARGON DENIMS LTD IPO

The Securities and Exchange Commission has approved the Initial Public Offering (IPO) to raise Tk 105 crore. Argon Denims Ltd’ will float 3, 00, 00,000 ordinary shares of Tk 10 each at an offer price of Tk 35, including a premium of Tk 25.

The company will use the IPO proceeds for expansion and purchase of new machinery and to meet its working capital requirement.

The company’s earnings per share (EPS) was Tk 5.46 as per the 2011 Financial Statements. LankaBangla Investments Ltd. and Satcom IT Ltd. have been appointed as Issue Manager and Post Issue Manager respectably by Argon Denims Ltd.

FOREIGN CURRENCY CONVERSION

FC NAME

TT CLEAN RATE (BD TK.)

FC REQUIRED FOR 200 SHARES

US DOLLAR ($)

1$ =

81.1000

86.32

US DOLLAR

POUND (₤)

1₤ =

129.6459

54.00

POUND

EURO (€)

1€ =

104.5397

66.97

EURO

 

(TT Rate – 26-11-2012)

FC

Rate

200 Shares
or 1 Lot

1 US $

   81.1000

        86.32

1 UK £

 129.6459

        54.00

1 EU €

 104.5397

        66.97

Shares

US $

UK £

EU €

TK.

200

        86.32

         54.00

      66.97

        7,000.00

400

      172.64

       108.00

    133.94

      14,000.00

600

      258.96

       162.00

    200.91

      21,000.00

800

      345.28

       216.00

    267.88

      28,000.00

1000

      431.60

       270.00

    334.85

      35,000.00

1200

      517.92

       324.00

    401.82

      42,000.00

1400

      604.24

       378.00

    468.79

      49,000.00

1600

      690.56

       432.00

    535.76

      56,000.00

1800

      776.88

       486.00

    602.73

      63,000.00

2000

      863.20

       540.00

    669.70

      70,000.00

2200

      949.52

       594.00

    736.67

      77,000.00

2400

   1,035.84

       648.00

    803.64

      84,000.00

2600

   1,122.16

       702.00

    870.61

      91,000.00

2800

   1,208.48

       756.00

    937.58

      98,000.00

3000

   1,294.80

       810.00

 1,004.55

    105,000.00

3200

   1,381.12

       864.00

 1,071.52

    112,000.00

3400

   1,467.44

       918.00

 1,138.49

    119,000.00

3600

   1,553.76

       972.00

 1,205.46

    126,000.00

3800

   1,640.08

    1,026.00

 1,272.43

    133,000.00

4000

   1,726.40

    1,080.00

 1,339.40

    140,000.00

4200

   1,812.72

    1,134.00

 1,406.37

    147,000.00

4400

   1,899.04

    1,188.00

 1,473.34

    154,000.00

4600

   1,985.36

    1,242.00

 1,540.31

    161,000.00

4800

   2,071.68

    1,296.00

 1,607.28

    168,000.00

5000

   2,158.00

    1,350.00

 1,674.25

    175,000.00

5200

   2,244.32

    1,404.00

 1,741.22

    182,000.00

5400

   2,330.64

    1,458.00

 1,808.19

    189,000.00

5600

   2,416.96

    1,512.00

 1,875.16

    196,000.00

 

 

 

 

Full Prospectus

 

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IPO application for Resident Bangladeshi

 

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IPO application for Non-Resident Bangladeshi

 

IPO application for Affected Small Investors

 

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