IPO of Argon Denims Limited

Argon Denims Limited

Subscription Open:  September 09, 2012
Subscription Close: September 13, 2012
Subscription period for NRB: September 09, 2012 to September 22, 2012

((As per Prospectus))
Nature of Business:
100% Export oriented manufacturing, dyeing & finishing units of denims fabrics.
Major Product: The company has been set up to produce 100% Cotton Denim fabrics for export.
Subscription Open September 09, 2012
Subscription Close September 13, 2012
Subscription period for NRB September 09, 2012 to September 22, 2012
Authorized Capital Tk. 1,000,000,000.00
Pre- IPO paid-up Capital Tk. 300,000,000.00
IPO size in shares 30,000,000
IPO size in Tk. (including premium of Tk. 1,020,000,000.00) Tk. 1,320,000,000.00
IPO size in Tk. (at face value) Tk. 300,000,000.00
Post IPO Paid-up Capital Tk. 600,000,000.00
Face Value per share Tk. 10.00
Offer Price per share Tk. 44.00 (including a Premium of Tk. 34.00 per share).
Market Lot (Shares) 200

Use of IPO Proceeds:
Loan Repayment, Expansion of the Project and meet up Estimated IPO Expenses

NAV per share: The Company has reported Net Assets Value Per Share is Tk. 20.71 (considering revaluation reserve) and Tk. 15.65 (without revaluation reserve) as on December 31, 2011.
EPS The Company has reported EPS of Tk. 5.46 for the year ended on December 31, 2011.

Issue Manager LankaBangla Investments Limited
Auditor Pinaki & Company
Website http://www.argondenims.com