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Matin Spnig Mil

Matin Sppining Mills Ltd. IPO Permitted.
The securities regulator Bangladesh Securities and Exchange Commission (BSEC) approved Initial Public Offering of Matin Sppining Mills Ltd., which is able to issue 3 core  41 Lack ordinary shares from public and will take 126 cores 17 Lack taka.
According to the prospectus, the IPO proceeds will be used to pay off loan taken from the banks, investment and IPO purpose.
As per financial statement 30 June, 2013, EPS of the company is 3.43/- and NAV is 35.73/-
IDLC Investment Bank will act as a Issue manager of this IPO.
In apparel manufacturing, the need for perfection begins right from the birth of the raw materials.  The quality of yarn permeates through every single process till packaging. It is this need for perfection which has driven the growth of Matin Spinning Mills Ltd. They believe that those who can furnish clients with best quality at competitive price, exceptional services and prompt delivery can only survive in the market.
Matin Spinning Mills Limited offers a diverse product line to fulfill demands of customers and has the finest yarn spinning facility in the country. They have optimized our spinning processes by applying state-of-the-art technology & machineries to every phase of our production processes.Matin Spinning Mills Ltd takes immense pride in identifying its role as the pioneer of quality yarn manufacturers of Bangladesh.
They use cutting edge technology to put our yarn through a series of Quality Control Checks, to ensure strict Quality Standards. This desire for Quality is also shared by our team of highly qualified and competent professionals, who under the capable and dynamic leadership of the Board of Directors have made our remarkable growth possible. It is with this shared vision that they are marching towards our goal of attaining acknowledged leadership in providing quality products at competitive price. Matin Spinning Mills Ltd., is one of the most modern spinning mills in Bangladesh having 50,000 spindles. The mill is well equipped with the best machinery available e.g. RIETER from Switzerland, Toyota & Murata from Japan, etc. Our facility also has a testing laboratory which is equipped with machines and instruments from Switzerland. DBL Group is a diversified and integrated knit garments manufacturing & composite industry with a strong backward linkage. The group started its business in 1991 and currently has facilities for spinning, fabric knitting, dyeing and finishing, garments, washing, packaging and printing. DBL Group is one of the largest and 100% export oriented composite knit garments and textiles manufacturing industry in Bangladesh. They are supplying quality apparels across the world to the best of the retailers and the biggest brands of the fashion industry. DBL Group currently employs about 15,700 people. Our vision is to "Extend our leadership through World Class Performance."

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DBL Group



Matin Sppining Mills Ltd. IPO Result will be Published.