Fortune Shoes Ltd IPO Draw Result 2016

Fortune Shoes Ltd IPO Draw Result 2016 With Lottery Information. Fortune Shoes Limited IPO Lottery Result 2016.Fortune Shoes Limited, a limited company of Bangladesh has recently come up with their Initial Public Offerings (IPO). The company offered IPO subscription from August 16, 2016. Interested people can take part in till August 28, 2016 which has been set as the last day of IPO subscription of Fortune Shoes Limited. A brief discussion on Fortune Shoes Limited IPO 2016 has been given in the later part of the news.

Fortune Shoes Ltd IPO Draw Result Download

Earlier on June 29, 2016 Bangladesh Securities and Exchange Commission (BSEC) approved the initial public offering (IPO) of Fortune Shoes Limited. The decision was finalized in the 579th meeting of the reputed organization.
Fortune Shoes Ltd IPO Draw Result 2016

Fortune Shoes Limited is actually looking forward to collect 22 crore taka from market to invest in their business and upgrade it. For that, in total 2 crore 20 lac ordinary share has been offered by the company. The face value of the share has been set as 10 taka. The amount collected from IPO will be used to build new construction, buying needed equipment’s and other expenses of Fortune Shoes Limited.

Fortune Shoes Limited IPO 2016 Detail Information

A few key points mentioned in the IPO declaration of Fortune Shoes Limited has been included below

Subscription starts: August 16, 2016

Last date to apply: August 28, 2016

Share value: Taka 10 per share

Total Share value: Taka 2 crore 20 lac

Earnings per Share (EPS): 1.22

Net Asset Value (NAV): 13.75

Institute lot: 40% (17,600 Lot)

Mutual Fund: 10% (4400 Lot)

General Public Lot: 32% (14,080 Lot)

Affected Investors Lot: 8% (3520 Lot)

Non Residential Bangladeshi (NRB): 10% (440 Lot)

Fortune Shoes Limited

Information about Fortune Shoes Limited

Fortune Shoes Limited was initially a Private company of Bangladesh bearing the registration no. CH-759/10. The company converted into a public limited one in 2015.  The prior interest of the company is to exports footwear from different countries in the world including Germany, Spain, France, Taiwan, Canada, UK, Switzerland and Netherlands and so on.

Fortune Shoes Limited IPO 2016 result will be published soon after completing the subscription. To find Fortune Shoes Limited IPO information and result you can visit their official website, the link is provided below.

Fortune Shoes Ltd IPO Result 2016 with IPO Lottery Information publish. The Fortune Shoes Limited IPO Lottery Draw Result 2016 – Now Get Fortune Shoes Ltd IPO Draw Result 2016.

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