Tuesday, May 6, 2014

Shurwid Industries Limited IPO Application Form and Result Download.

Shurwid Industries Limited IPO Application Form and Result Download. 

 

 

Shurwid Industries Ltd has got consent for IPO issue from Bangladesh Security Exchange and Commission as on April 1st 2014.
Thank you very much to all share holder of Shurwid Industries Ltd for their patient.

Best Regards
Zahedul Hoque
Managing Director
Shurwid Industries Ltd.
Prospectus of Shurwid Industries Ltd. 


 





Registration & Operation of the Company

SIL has registered with Registrar of Joint Stock Companies in March 26, 2004 and its trail operation started on April 26, 2008 and commercial production started on May 03, 2008.

Types of the Company
SIL Manufactures high barrier PVC blister film for sensitive drugs, Food packing industries, Blister pack for Tooth Brushes, Garments Accessories, Toys, Electronics and All kind of Packing Industries.

SIL also producing food grade disposable PP/PS/Pvc items like :
 - Water Cup
 - Lunch Box
 - Plate
 - Biscuit Tray, etc
Introduction of the Industry
SHURWID Industries Ltd. (SIL) is incorporated as a private limited company in March 26, 2004 with an authorized capital of Tk 50 million. The industry has converted into Public Limited Company on 12th April 2010. The authorized capital has increased from 50 to 500 millions. SIL is the computerized World Class Non Toxic pharma grade PVC sheet manufacturing industry using latest European technology & formula. Its factory has the most modern facilities and finest imported raw materials from F.D.A approval renowned companies eg, SOLVAY, ROHM AND HAAS, MITSUI CO. Ltd., FINE ORGANICS, Ole Chemical, Kaneka etc are being used for manufacturing the PVC sheets.
 
Major Product : a. PVC Film/Sheet (Blue, Glass clear, Lemon Yellow, Opaque White,Orange, Milky White etc.) b. PVC/PP Food Grade Disposable (FGD) item (PVC Container, PP Water Cup, PP Ice Cup, PVC Plate, PVC Lunch Box, Tiffin Carrier (Lunch Box) etc.

Subscription Open June 08, 2014
Subscription Close June 12, 2014
Subscription period for NRB June 08, 2014 to June 21, 2014

Authorized Capital Tk. 500,000,000
Pre- IPO paid-up Capital Tk. 313,500,000
IPO size in shares 14,000,000
IPO size in Tk. at face value Tk. 140,000,000
IPO size in Tk. at offer price Tk. 140,000,000
Post IPO Paid-up Capital Tk. 453,500,000
Face Value per share Tk. 10.00
Offer Price per share Tk. 10.00
Market Lot (Shares) 500

Use of IPO Proceeds : Proceeds from initial public offering will be used for bank liabilities pay off (31.26%), building expansion cost (13.25%), purchase of plant & machinery (24.36%) and gas generator (23.67%)

NAV per share Tk. 14.11 (Considering Revaluation Surplus) and is Tk. 12.66 (Without Revaluation Surplus) as on June 30, 2013
EPS Tk. 1.09 for the year ended on June 30, 2013
Issue Manager ICB Capital Management Limited
Auditors A.Hoque & Co.
Website www.shurwid.com

 

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