The public subscription of C&A Textiles began on November 8, 2014. The Initial Public Offering (IPO) of the company will stay open till November 13, 2014 for residents of Bangladesh, while November 22 for the non-resident Bangladeshis. The textile manufacturer is set to float 45 million ordinary shares at an offer price of BDT 10 to raise the fund worth BDT 450 million for constructing buildings, buying machinery, repayment of bank loan and meeting IPO expenses. C&A Textiles Limited (CATL) was incorporated in Bangladesh in 2001 and was converted into public limited company and split of share value from BDT 10 to BDT 100 dated on December 22, 2013.
