Esquire Knit Composite Limited IPO Lottery Result published on 07 February 2019. Esquire Knit Composite Limited Subscription Open from January 06, 2019, and Close on January 20, 2019. Esquire Knit Composite Limited IPO Lottery Result updated. Download Esquire Knit Composite Limited IPO Lottery Result that will be published & found here. IPO or an Initial Public Offer (IPO) is the first sale of stock by a private company to the public company. In this way, a company can increase money by issuing either debt or equity. IPO or Share market inauguration is a type of public offer in which shares of a company generally are sold to predictable investors that in turn, sell to the general public by a securities exchange for the first time.
In this way, a private company converts into a public limited company. IPOs are often issued by smaller or newer companies seeking the funds or capital to expand, but can also be done by large privately-owned companies looking to become in public trading.
Initial Public Offer (IPO) of Esquire Knit Composite Limited
Esquire Knit Composite Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Esquire Knit Composite Limited on 27 September 2018 at their 658 no. board meeting. A BSEC meeting, presided over by its chairman M Khairul Hossain, approved the IPO proposal of Esquire Knit Composite, said a BSEC press release. BSEC approved the IPO of the company to raise capital of Tk 150 crore from the market by offloading around 3.49 crore shares at a price of Tk. 40 to Tk. 45 each share under the book-building method.
According to the Financial Statement, The company’s weighted earnings per share (EPS) was Tk 2.52 and the net asset value (NAV) per share (with revaluation) Tk 45.83 at the end of June 30, 2017. Esquire Knit Composite net asset value per share and weighted average earnings per share were Tk 2.52. Imperial Capital Limited has acted on behalf of the company’s issue manager. The company’s IPO fund will be used for expansion of call center business, repaying loans and meeting IPO expenses & IPO related other relevant expenses according to the IPO prospectus.
Esquire Knit Composite Limited IPO Lottery Result Found Here
Esquire Knit Composite Limited IPO Lottery Result 2019 published on 07 February 2019 & found here. Download Esquire Knit Composite Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 06 January to 20 January 2019. Esquire Knit Composite Limited IPO Lottery draw will be held on 07 February 2019. Place: Engineering Institute, IEB Millaniton, Ramna Dhaka at 10:30 A.M. The IPO results will be published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and the company’s website after the lottery programmed. See the Result below.
Hense, Click the following Link to get Esquire Knit Composite Limited IPO Lottery Result
- Stock Broker/Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
- All Eligible Investor (Pro-Data Allotment)
You can also get the result from the official website of Esquire Knit Composite Limited IPO Lottery Result i.e.
You therefore, download Esquire Knit Composite Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
Esquire Knit Composite Limited as per Prospectus
Esquire Knit Composite LIMITED
(Subscription Open: January 06, 2019, Close: January 20, 2019)
Share Value: Taka 40/Per Share
Lot Distribution: 100
Premium Value: Taka 0/Per Share
Total Value Taka = 4,000
Issue Manager: Prime Finance Capital Management acted on behalf of the company’s issue manager. Website:
Brief Description with Address of Esquire Knit Composite Limited
The Company was incorporated on 16 February 2000 as a private limited Company and was subsequently converted into a public limited company on 28 June 2015. Esquire Knit Composite Limited is 100% export sloping Company. It produces different types of Knit Garments all the way through its six units namely knitting unit, Fabric dyeing unit, Printing, Embroidery, Industrial laundry and Garments unit and sells the same to foreign buyers including C & A buying KG, Best Seller, Esprit, Mascot, Celio, Next, Tee Jays, LIDL etc.
The Bangladesh Securities and Exchange Commission (BSEC) has approved the initial publication of Esquire Knit Composite Limited (IPO) for withdrawing money from the stock exchange. This approval has been given in a regular meeting of the Commission.
Principal Products: Principal Products & Services are
Esquire Knit Composite Limited has been emerging as a conglomerate with knitting, fabric dyeing and finishing facilities under one roof since its commercial launch in 2001.
Name of Subsidiaries:
Esquire Knit Composite Limited is a fully owned subsidiaries named Esquire Group. Esquire Knit Composite Limited (EKCL) is a planned business unit of Esquire Group in Bangladesh.
Corporate Head Office
Ideal Trade Centre, 102, Shaheed Tajuddin Ahmed Sarani, Tejgaon I/A, Dhaka-1208. Bangladesh.
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