Argon Denims Limited

Nature of business 100% Export oriented manufacturing, dyeing & finishing units of denims fabrics.
Reason for IPO For Loan Repayment, Expansion of the Project & Estimated IPO Expenses
Subscription open 26 Nov 2012
Subscription close 02 Dec 2012
Subscription close for NRB 26 Nov 2012 to 11 Dec 2012
Offer price Tk. 35.0
Face value per share Tk. 10.0
Market lot 200 units
Single lot price Tk. 7000.0
EPS Tk. 5.46 for the year ended December 31, 2011.
NAV Tk. 20.71 (including revaluation reserve) as on December 31, 2011. Tk. 15.65 (excluding revaluation reserve) as on December 31, 2011.
Public offer
Major product The company has been set up to produce 100% Cotton Denim fabrics for export.
Issue Manager Lankabangla Investments Limited
Website www.argondenims.com

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