May 18th, 2017
We are pleased to inform you that Meezan Bank has been designated to act as one of the bankers to issue for Initial Public Offer (IPO) of Ittefaq Iron Industries Limited (Formerly Ittefaq Sons Limited) shares. It is therefore informed that all our branches across Pakistan will be accepting application forms (from Meezan Bank account holders as well as account holders of other banks) for the Shares of Ittefaq Iron Industries you can apply from May 23, 2017 to May 24, 2017 (both days inclusive during banking hours).Summary of the issue (provided by the issuer):
Subscription amount must be paid by cheque drawn on applicant’s own bank account or pay order/bank draft payable to one of the bankers to the Issue ‘IPO of Ittefaq Iron Industries Limited’ and crossed ‘A/C PAYEE ONLY’.
In case, the issue is over-subscribed in terms of amount, then all applications shall be accommodated initially who have applied for 500 shares and balance SHARES will be allotted on pro-rata basis.
Prospectus and application forms can be downloaded from links mentioned below/ Meezan Bank website.
Prospectus/Application
Prospectus and application forms can be downloaded from links mentioned below/ Meezan Bank website forms are also available at all of our branches in more than 146 cities pan Pakistan.
Link:
www.ittefaqsteel.com and www.nextcapital.com.pk
| 1 | Subscription form: | http://www.nextcapital.com.pk/Subscription_Form_Ittefaq.pdf | |
| 2 | Prospectus: | http://www.nextcapital.com.pk/Ittefaq Prospectus 2017-04-29.pdf |
Note: Customers are advised to please read Terms & Conditions mentioned in the application form/prospectus and ensure its compliance.