Upcoming IPO

SIMTEX INDUSTRIES LIMITED
Open Date: 24-Aug-2015 Close Date: 14-Sep-2015

Ticker: SIMTEX
Face Value: 10.00
Offer Value: 20.00
Premium: 10.00
Lot: 300
EPS: 3.33
NAV: 15.99
Authorized Capital: 1000000000
Pre- IPO Paid-up Capital: 287500000
Prospectus:
Apply Now
Nature of Business:
The principal activities and nature of the business of Simtex Industries Limited is to carry on a Dyeing & Conning/winding of sewing thread.
Major Product:
Spun Polyester Poly Poly Corespun Textured Polyester (Synthetic Filament Thread) Bleached Cotton Yarn for Sewing Cotton Yarn (Only Dyeing) for knitting
Use of IPO Proceeds:
Capital Investment 316,229,000 (52.70%) Bank Term Loan Pay - off [Trust Bank Limited, Millennium Branch] 200,000,000 (33.3 3 %) Working Capital 65,271,000 (10. 8 8 %) IPO Cost 18,500,000 (3. 0 9 %) Total 60 0,000,000 (100%)
Issue Manager:
AFC Capital Limited & Imperi al Capital Limited
Website:
Copyright © Apex Investments Limited. All Rights Reserved
DESIGN AND MAINTENANCE BY: AIL IT TEAM