Hwa Well Textiles Limited IPO approved – Application Forms and Prospectus

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Hwa Well Textiles Limited ipo

Hwa Well Textiles Limited IPO approved – Application Forms and Prospectus. Hwa Well Textiles Limited IPO approved by The Bangladesh Securities and Exchange Commission on Tuesday. The BSEC approved the IPO of Hwa Well Textiles (BD) Ltd to raise finance worth Tk 20 crore. This mony will be used  for the company’s business expansion.

The chairman of BSEC, M Khairul Hossain issued approval in a regular commission meeting presided over.  Hwa Well Textiles will drift 2 crore ordinary shares through the IPO at an issue price of Tk 10 each share.

Hwa Well IPO Application Forms and Prospectus Download

The Hwa Well Textiles Limited will use the IPO fund to purchase machinery, build new factory building, land including development, change the existing machinery and meet up the IPO expenses. Hwa Well Textiles Limited showed earning per share of Tk 3.66 and net asset value per share at Tk 28.25, according to It’s annual statement for the year ended on June 30, 2013.

Hwa Well Textiles Application Forms

Hwa Well Textiles Limited IPO subscription:

Subscription Open     :    February 17 2014
Subscription Close     :    February 23 2014
Subscription period for NRB :    February 17, 2014 to March 04, 2014

Hwa Well Textiles Limited IPO subscription detail will be published very soon. So to get All IPO result and news please visit our website daily. NAV per share :   Tk. 19.10 without revaluation and Tk. 28.78 including revaluation as on June 30, 2013 and EPS : Tk. 3.66 for the year ended on June 30 , 2013. Single lot price  :   Tk. 5000.00.

Hwa Well Textiles Limited IPO issue manager are Alpha Capital Management and Citizen Securities and Investment. Hwa Well Textiles Limited website address is not found now, but we get its web address we will inform it.

Hwa Well Textiles Prospectus Download

Hwa Well Textiles Company Address:

Kashore, Habirbari Union-10, Bhaluka, Mymenshingh.

Head Office: Eastern Nibash, House#138, Flat#402, Gulshan Avenue, Dhaka-1212

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