Paramount Textile Limited IPO Lottery Result– www.paramountgroupbd.com. Paramount Textile Ipo Lottery Application Forms, Prospectus and IPO Result will find here. The Bangladesh Securities and Exchange Commission (BSEC) regulator has Forth Coming IPO Approved prospectus of Paramount Textile Limited, which is competent to raise Tk 840 million from public.
Paramount Textile Limited IPO the approval came at a gathering of the Securities and Exchange Commission (BSEC) of Bangladesh with its Chairman M Khairul Hossain within the chair, said a commission’s declaration signed by executive director of BSEC, Mohammad Saifur Rahman.
The Paramount Textile can float thirty (30) million ordinary shares of ten (10) taka each at an offer price of twenty eight (28) taka including a premium of eighteen (18) taka, the BSEC statement said.
On the basis of the company’s report, the IPO proceeds will be used to pay off term loan taken from the banks. The company has reported earnings per share (EPS) tk 3.47, according to its financial reports for the year ended on June 30, 2102.
IDLC Finance Investments Limited is acting as the issue manager of Paramount Textile Ltd. IPO (Initial public offering). After finishing all procedures, the Paramount Textile will be the thirty first (31st) listed companies with in the Textile sector in the stock exchanges.
Paramount Textile Limited
About Paramount Textile:
Is an Oeko-Tex certified (Grad A) 100% export headed plain-woven cloth manufacturer, well-equipped with the producing and process machines from EU and Asian origin. Dominant aims to produce top quality cloth for the style retailers associate degreed cloth sourcing corporations from across the world making certain an eco-friendly select inexperienced (GFG) setting.
Paramount Textile restricted was incorporated underneath the businesses Act (Act VIII) of 1994 in June twelve, 2006 and went into business production in Gregorian calendar month 2008. The plant is found in Sreepur, Gazipur- associate degree hour drive from the ZIA International aerodrome, whereas a twenty minutes drive from ZIA can take you to its down town workplace in Gulshan, Dhaka.
Which means of dominant is chief concern and importance. That’s precisely what dominant cluster believes in. The Qualities of product area unit is continually given the utmost importance. The cluster when 20 years of success in commerce, Chemical, Insurance and assets, has currently ventured into the textiles sector with success, with dominant Textiles.
Paramount Textile produces and delivers world category plain-woven materials, appointive by world illustrious retailers and types.