Login Password
 
   
 

 

PRESENT INITIAL PUBLIC OFFERING OF 18,300,000 ORDINARY SHARES TO THE GENERAL PUBLIC AT A PRICE OF PKR 13 PER SHARE, DETERMINED THROUGH THE BOOK BUILDING MECHANISM

     

Subscription Period : March 24, 2010 to March 25,2010
(Both Days Inclusive)
During Banking Hours


  BANKERS
TO THE ISSUE


 1. Arif Habib Bank Limited
 2. Askari Bank Limited
 3. Bank Alfalah Limited
 4. Faysal Bank Limited
 5. Habib Metropolitan Bank
 6. HBL
 7. KASB Bank Limited
 8. MCB Bank Limited
 9. Soneri Bank Limited
10.The Bank of Punjab
11.United Bank Limited



Amtex Limited

Amtex is one of the leading textile manufacturing groups in Pakistan. It is vertically integrated group with operations in all sectors of the textile industry from spinning to stitching. The annual turnover of the group is around 200 million US dollars, with CAGR in excess of 25%. Amtex provides employment opportunities to about 18,000 families. It has a diversified product and market portfolio. Amtex holds a special position in the textile industry in the sense that it provides the largest variety and combination of products to its customers under one roof – the One Stop Shop.

After establishing strong foothold in the Textile exports, Amtex has successfully switched to Direct to Retail (“DTR”) business model that has enabled it to focus on exporting high value added Products directly to Premier Retailers in the EU, USA and across the globe. With over 95% export sales, Amtex recently received the highest export Trophy Award from the Government of Pakistan in lieu of being the “Highest Exporter for the year 2009”.


Amtex Edge

Amtex has sustained such massive growth levels on the back of strong outsourcing capabilities (without incurring any additional CAPEX) and direct relationship with Leading Global Retailing Giants, who purchase directly from Amtex (with no middleman involved). With the retailers program running between minimum six month to over a year, Amtex is able to plan and control its operations effectively, harnessing growth and stability in the business. Amtex has strong focus on R&D and invulnerable Quality Assurance system in place that has enabled the products to build a mark on the customers, cultivating stronger relationship with them. With strong management, state of the art textile manufacturing facility, international display centers and warehouses for facilitating procurement of orders and direct dealing with retailing giants, Amtex is marching towards becoming a leader. All this coupled with other strengths of Amtex (disclosed in the Investment Rationale section in Information Memorandum), the Company has distinctive edge that has enabled it to multiply the top-line of the Company and pose handsome bottom-line over the years.