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BBS Cables IPO Overview and Insights by shobu_iuj is a document available to read on EtoBox.

What is BBS Cables IPO Overview and Insights about?

BBS Cables Ltd is seeking to raise 20 million BDT through an IPO to expand its cable production capacity. It is the third largest cable producer in Bangladesh and manufactures various power, telecommunication, and specialty cables. 49% of IPO proceeds will be used to acquire new plant and machinery, 22.3% for new buildings, 20% to repay loans, and the rest for IPO expenses. BBS Cables aims to increase its annual production capacity from 7,200 metric tons currently to over 8,500 metric tons in the future.

Author

shobu_iuj

Language

EN