Muzzaffar Hossain Spinning Mills Ltd has been issued Initial Public Offering Share (IPO) opening in November month. AFC agro Biotech Ltd. IPO Result will be also available in January 2014. It is expected that the Spinning Mills IPO Lottery draw will be held on December 2014. The most probable draw will be held at the Institute of Engineers, Bangladesh (EB), Dhaka at 10:00 AM.
IPO Lottery Result
Muzaffar Hossain Mills Limited is a sister concern company of SIM GROUP, a large supplier in ,manufacturing and economic development of Bangladesh, displays admirable performance in the field of battle. Mozaffar Hossain Spinning Mills Ltd, Authorized Capital Tk. 1,000,000,000 and Pre- IPO paid-up Capital Tk. 349,750,000. Mozaffar Hossain Spinning Mills IPO size in shares 27,500,000 and Muzaffar Hossain Spinning Mills IPO size in Tk. at face value Tk. 275,000,000 and IPO Paid-up Capital Tk. 624,750,000. Muzaffar Hossain Spinning Mills offers Face Value per share Tk. 10.00 and Offer Price per share Tk. 10.00 Market Lot (Shares) 500.
IPO Result 2014:
Spinning Mills IPO Lottery Result published may be December 1st week 2014. The SIM Group has been one of the pioneers of the textile industry of Bangladesh. SIM Group has introduced many new concepts to the commerce and trade industry of Bangladesh.