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    Craftsman Footwear and Accessories Limited

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    Craftsman Footwear and Accessories Limited

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    Craftsman Footwear and Accessories Limited

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    rifateblaml

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    © All Rights Reserved
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    XG CRAFTSMAN FOOTWEAR AND ACCESSORIES LIMITED PROSPECTUS “afferarenca fatrrcaret feet | cert 9 eat Fafa aA” “Investment in capital market involves certain degree of risks, The investors are required to read the prospectus and risk factors carefully, assess their own financial conditions and risk-taking ability before making their investment decisions.” fierce Fatt fe Renter cero ag ee a eel oF a Se et ‘ra fare nite: rear we Beare sare area feraDaT eee fafa Frere set ACT” Prospectus of XG CRAFTSMAN Craftsman Footwear and Accessories Limited Flat A-6, 14, New Eskaton, Moghbazar, Dhaka Name of the Issue Manager GREEN DELTA CAPITAL Initial Qualified Investor Offer (IQIO) of 5,000,000 Ordinary Shares OFFER PRICE: TK. 10.00 each at par TOTAL SIZE OF FUND: TK. 50,000,000.00 Opening Date of Subscription 24s April 2024, Closing Date of Subscription 250 April 2024 ‘Name of the Underwriters Prime Finance Capital Management Limited | BLI Capital Limited Issue date of the Prospectus: 4! March 2024 Craftsman Footwear & Accessories Ltd. ‘Aearencs Aca Ges | cots aa PACA FT (2a) PRELININARY INFORMATION AND DECLARATIONS malls), FAX number(s) and contact persons of the issue, issue managers), underwriters), auditors, credit rating company and valuer: ISSUER ‘Name and Address: Contact Person ‘Contact Address GraftsmanFeatwear 8 Accessoris |, sags Hossain Salim Tek 9902011549 im azar, Managing Director Email: info@craftsmanfootwear.com FA 4 Nou san, Noo etry canaries WANAGERTO THE SSUE Tae an ae Conaet Person nie aes creen et Capita Li Tet s6 0222811709802 Green Delta AIMS Tower 51-52 (Wed Rafiqul tater 222263902 Nail Gk NangngDiectrai CEO | nal io@eendstacaptlcon hat 21 Bargacsh lb: wn goedsartlcon UNDERWRITERS Ta ane Rs Cont Parson cin ares Prime Fiance Cpital Management |. yopamad Raul tam | To 860025048747677 prirvrgrrony arta cl| Heine gener | gf MORESO ‘A Dhoka-1000 ‘Web: www. primefincap.com Tet eorrazonas BL! Capital Limited aon antal inte | roan Fes fax 3022805 114, Kazi Nazrul Islam Avenue, ‘Managing Director Email: bicapit3@gmail.com ehineatiert Web: wn biapabcon ‘ALDTTORS ane and oni Peron conta ae 6. kia 8c, Charres Ea bin@grandenom Accounts AX Gm in FA WRED, | apna 355s 2 Hes aro, Road 4, Pater re Nico, stan Dra 1212 Details of Credit Rating Company and Valuer is not applicable forthe issuers, 28 the issuer has not conducted any revaluatoxaluatio on any of ts assets and has not conducted a Credit Rating Evaluation (whichis not mandatory for 1010 at face value) (i) Any person interested to get a prospectus may obtain from he ssuer, and the issue manager. (i) tf you have any query about this document, you may consult the issuer, issue manager and underwriters” PROSPECTUS - 02 Craftsman Footwear & Accessories Ltd ‘aferarenca Fafacart Ses | cores ea FACT (iv) “CONSENT OF THE BANGLADESH SECURITIES AND EXCHANGE COMMISSION HAS BEEN OBTAINED TO ‘THE ISSUEIOFFER OF THESE SECURITIES UNDER THE SECURITIES AND EXCHANGE ORDINANCE, 1969, AND ‘THE BANGLADESH SECURITIES AND EXCHANGE COMMISSION (QUALIFIED INVESTOR OFFER BY SMALL CAPITAL COMPANY) RULES, 2022. IT MUST BE DISTINCTLY UNDERSTOOD THAT IN GIVING THIS CONSENT ‘THE COMMISSION DOES NOT TAKE ANY RESPONSIBILITY FOR THE FINANCIAL SOUNONESS OF THE ISSUER ‘COMPANY, ANY OF ITS PROJECTS OR THE ISSUE PRICE OF ITS SECURITIES OR FOR THE CORRECTNESS OF ANY OF THE STATEMENTS MADE OR OPINION EXPRESSED WITH REGARO TO THEM. SUCH RESPONSIBILITY LIES WITH THE ISSUER, ITS DIRECTORS, CHIEF EXECUTIVE OFFICER, MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER, COMPANY SECRETARY, ISSUE MANAGER, ISSUE MANAGER'S CHIEF EXECUTIVE OFFICER, UNDERWRITERS, AUDITOR(S) ANDIOR VALUER (IF ANY)” (0) Risks in relation to the First Issue" “This boing the first issue of the issuer, there has been no formal market forthe securities ofthe issuer. The face value ofthe securities is taka 10.00 ten) and the issue price is one times ofthe face value The issue price as determined should not be taken tobe indicative ofthe market price of the securities after isting, No assurance cen be given regarding an ative or sustained trading ofthe securities othe price after istin.”; (vi) General Risk" “investment in secures involves 2 degree of risk and investors should not invest any funds inthis offer unless they can afford to take the risk of losing their investment. Investors are advised to read the risk factors carefully bofore making an investment decision inthis offer. For making an investment decision, investors must rely on their own examination of tha issuer and the offer including the risks involved, Given the emer capital companies, there may boa higher investmant risk attachod tothe securiti boing offered. Tho socurities tobe traded on tho Smal Capital (SME) Platform may be more suscoptbl to high market volatility than securities traded on the Main Board and no assurance is given that there willbe an active market for trading of such ‘securities. The securities have not been recommended by the Bangladesh securities and Exchange Commission {BSEC) nor does BSEC guarantee the accuracy or adequacy ofthis document. Specific attention of investors fs Invited to the statement of ‘risk factors’ given on page numbers) 16-20" (vi) ‘Craftsman Footwear & Accessories Limited, Absolute Responsibly’ “The issuer, having made all reasonable inquiries, accopts responsibilty for and confirms that this prospectus oF Information memorandum contains all material information with regard to the issuer and the issue, that the Information contained in the prospectus or information memorandum is true, fir and correct in all material aspects and are not misleading In any respect, thatthe opinions and intentions expressed herein are honestly held and that there are no othar facts the omission of which make this document as a whole or any of such Information or the expression of any such opinions or intentions misleading in any material respec.” PROSPECTUS - 03 Craftsman Footwear & Accessories Ltd ‘ference Pca Free | coca 6 gat PACA eT (8)(2() AVAILABILITY OF PROSPECTUS (i) ) Website addresses and e-mail addresses and names of contact persons ofthe institutions whore the prospectus. is avaliable in soft form; Institution Website Address Emall Address Contact Person Issuer Mr. Sadat Hossain etaman Foose | wy catsrancover cin | —ofatsnasvear cam ‘sain Manag Dec Issue Manager Md, Rafiql stam Green Dolta Capital Ltd. ywww.groondetacaitaleem _inlo@greendezcaptaicom Managing Diector and CEO Bangladesh Securities & Exchange Commission Prospectus woul also be avalable al the Ibrary Room of the Bangladesh Secutis and Exchange Commission (BSEC) for eating and studying upon approval Stock Exchangos: ‘Syod Foysal ‘Abdullah Dhaka Stock Exchange vwwudsebdorg —-—foysal.abdullah@dse.com.bd __Manager Limited (OSE) Head of SE, ATB, OTC Mariet Ne. Md. Gules Farugue Chittagong Stock Exchange Limited (CSE) venucse.com.id ‘ofesecombd Managing Director (acng) Underariters Prime Finance Capital Management Limited PFI Tower (7* Flr), 56-57 Diusha C/A, Dhaka-1000 BL Capital Limited “Rupayan Trade Centre", 10 Floor 114, Kazi Nazrul islam Avenve, Banglamotor, Dhaka-1000 PROSPECTUS - 04 Craftsman Footwear & Accessories Ltd ‘afearans frat Foyt | corr s qa fafa ee {il Definitions and Acronyms/Elaborations ofthe abbreviated words and technical terms used inthe prospectus: x Kew “Annual General Mesing ‘lotmant ‘Risen of Shares respecine BOAT 8 BAS ‘Bangladesh Accounting Standards 3B Bangiadesh Bank Bor Bangladesh Take BURE Balancing, Woderizaion, Rehebiltaton & Expansion BO Account ‘Beneicary Owners Account BSEC Bangladesh Secures and Exchange Commission BSA Bangladesh Standards on Audiing BLIcL ‘LI Capi Lined c ‘cOBL Cenital Deposiory Bangladesh Limited oe Credit infermation Bureau CFO Chief Financial Ofer ‘Commission ‘Bangladesh Secures and Exchange Commission ‘Company Tissuer ‘rasan Foolwear& AccossoiesLnitod ‘Companies Act ‘Companies Act 1984 (Ac No XVI of 1384) Corporate Ofice ead Ofce athe Company OSE ‘hitagong Stock Exchange Lid FAL ‘rafsman Foolwear& Accossoios Unita D DE Dhaka Stoo Exchange E ES Earnings Per Share ee Elgbisinvesiows EG Extraordinary General Meeting F FC Account Foreign Curency Aasount FY Financial Veer ¢ oP (Gaal Bran Pound oP ‘Gross Domeatis Product ‘Goel ‘Green Delis Capital Limited PROSPECTUS - 05 Craftsman Footwear & Accessories Ltd. ferevence Pafrcarr Gres cores ¢ gear Fafa eH Tesuor (rafeman Footwear & Accessories Lined Issue Manager ‘Green Data Capital Lined FRE Trial Francia Reporing Sands TAS Trteraional Accounng Standards TaI0 Thal Quatfed investor Ofer W Wav Net Asset Vale NBR National Board of Revenue RE Ten Resident Bangladeshi P PE Price to Eaming Ratio PFCNL Prime Finance Capital Management Limited @ ‘aio ‘uated Investor Ofer R Rusc Fegsrar of Join Sock Companies And Firms Rules Bangladesh Securites and Exchange Commission (Qualfed Investor Offer by 5 Small Captal Company) Rules, 2022 STO AG ‘Short Term Depost Aczoant ‘SHE ‘Small & Madam Enterprise uU USD USDolar PROSPECTUS - 06 Craftsman Footwear & Accessories Ltd ‘aferarenca fefrcat Gert | corse qa fafa ey (B)G)a) TABLE OF CONTENTS Patcuars PageNo. ‘Annexure: E:8 (1)-B @) 12 [ISK FACTORS ANO MANAGEMENT PERCEPTIONS ABOUT THERISKS | 136 (@)_| rors rate its 4 (0)_| Exchange rae rst 4 | nds sks: a SECTION () (@)_| Marke and echo ted rs ar co) (0) | Patent or xtnggoverneneteuaons 6 {| Poti changes in gibal or natonal poles 5 (@)_| History ofnon-operaton (Fan) 6 0) | Operations Risk and “6 (| Risk tng to secondary wading of secre, 8 USE OF PROCEEDS "20 (@) | Temospecis sal sow how he nel proceed ofthe oferng shal | gg be sod. inden he arcu tobe use foreach pros: The prospects sal also cue a schedule mentoring the #2965 cf implementation and vilzaon of funés recened trough puble (oy | ong, mendoring about he aproxinat date of competonefthe | 4g SECTION ( projet and the projced dle ef ful commercil operation. The ae schedule shal be sane by the cil execute ocean techie financial fear ofthe issuer i there are contracts covering any of tw aces ofthe issuer proto soos (the compsny has more than one prod or sve. herve anton fo sales and income of each product or service that | 23 SECTION (wy _ccouis or mre than 10% ofthe companys oa revenues: co) Names of assocaies, subsided hong company and | > ther core areas of busines {How the products or sonics are dstibaod B (©) [Competive condone busness B (W) Soutces and avalabily of an mates and he rames of he | — 23 94 pra upobers (i) Souroes of, and equreren fo, power, gas and waler oF aty | ny ce ites (vi) Names of ie aiiomers who purchase TOR or mare ofthe [ >, earrgay' prot sonias: () Dessrgion of any canal which th cerpany Fas wif ie Bria suppliers or customers showing the foal amount and | og ‘uanlty of Yansacton for which the contact is made andthe urn of be cont PROSPECTUS - 07 Craftsman Footwear & Accessories Ltd ‘Sferevenca Fare Gf | caer 6 geal FAfrcAT aA ‘@) Descrpion of any material paterls, rademarts,Noonses or specicaly royally agreements; = {ie} Nier ota opie nd rumnerl lee placa | 7 {) roducin er serves ering cpacly and carer uzaton, | og whee apleaba DESCRIPTION OF PROPERTY ra The prospects shal conan te olowig infomation a respect of ans and property, namely: ia) | alr of al as rd ober wap Fa cone | yy secnon(wn ant constion et on {BL_| Whether propor is ounad byte congany orate an eas | 78 ie popry ned company, wheter ere {c} |] morgage or other type of lien on the property, with name of the 8 mnrgagi i ropa akon on ave i ten dl oe ease (8) | wit name ofthe lessor. ca PLANOF OPERATION AND DISCUSSION OF FINANCIAL CONDTION: —| 2939, esr as nl stared ts ammo paran te cemearys (a)_| plan ot pans fer be prod ween wou be rquces sat | 30 onmercal operate shal be eased inh spats ew sserhad boon in cpr, ren om operston fom ea ote ua fo0 year, tho Ears fares posien, changer franelgeston and resus Spero reac ob xt Be yas sal bs gun ine prospas wich Stal aren oar. luo flovegsomate tothe een tena {) Internal and extemal sources of eash; 32 {i Any steal cmminet for captl ponds and oped | oy Souci offnds rave expend: {i Ceuses fo any mal tapes fom pid pied ‘nome, et of goo so ih: open expense srt 2 ih Saaz apa of nurs buses " {W Ay rw Won, ves or unoeantes hal shal ave @ we atrial foc 0n conga use bios {i Any change ine ase of Pe eovpany ado pay OF any | Se tanines: secnow iv) Ary nan by eur Fore eta conpay or | 38 oo sexsi congany oan gn slot covery, gg a iv Ary fe conch abies i cany might otra | 28 win tex ne yer ar impact ia. «wo are on he ‘onpan/s fan acaronai ii The esimaied sour, where apice, o re cael | Se eerie {ey VA, ea ax tons dato abr axa wich = Jetto be pad ing ay coriget labs ating wy he | 3435 ees ol pa pcr to stare fe popes {e) Daa of any operate ase he conpey hs ond ra «py | dona te fe years rening he sures othe specs, | ag cleat ean lms fe lease and how conbay epses fois sucn lean {8} Any area, cornimarpadrg ease commie fe Company ot erred og th es ve years, ging cas | 38 45 how igdsten was 310» ofe {es Denil personnel in choos oak hw ceany | ap has take poison fn fore years {sv Bick down ofl apenses coed wih GO showing | ap PROSPECTUS - 08 Craftsman Footwear & Accessories Ltd Afearancs Rca Heys | coer 8 qa CATT we [tee oflasue manager and (fee of underwriter: (i). IF the issuer has revalued any of WS asses, the name ‘uaifcaton, work done to date by the valuer andthe reason fr the revaluation, showing the value ofthe assets proto te revaluation, itemizing separately each asset revalued in @ manner wich shal facile comparison between the historical value and the amount shown afer revaluation and ging a summary ofthe valuation report (ii) Were te issuers holding/subsiiary company, tere shal be ful disclosure in the prospectus about the transactions, incucing itsnatue and amount, between and its subsaryhading company ‘or associate companies, Including transactions which Nave taken place within the las five years ofthe issuance ofthe prospectus or the date of incorporation ofthe issuer company, whichever erie, deat indcaling whether the issuer company's a debtor ora cedtor (ev) tere the issuer a bankng company, insurance company, nontanking foancal sition, 2 cabaraon by the Board of ‘recor: shal be icudes ine prospectus satng thal al requirments as spend inthe TICE CHAR CTH, Yoh OBS HrCTA 35 Ae eT, cafes SHA RA, aD] (bbe HIE 2a Ae TEA), INT GT, Ros0 (R00 SA 90 9s GEA) have been ached wo: (Bil) A special eport fem the auditors regarding any alotwent oF shares to tho decors and subserbers fo the Memocendum of ‘Associaton and Articles of Association for any consideration ‘there than for cash (aa) Any material intormation, which is Haly to Fave an impact on ‘he offering ox change the trms and candiens under whch he ofr has been made to he publ. ‘SECTION (VI) 9) DIRECTORS AND OFFICERS 406 @ Name, age, qalfeaton, experince and postion ofeach of the ‘decors fhe company and any person nominated tobe a decor, showing the perio for which, the nomination has been made andthe name of the organization nhich has nominated hin: “ o “The date on which he fst became a rector andthe date on which his curent term of ofice shal expire 2 o Tf any drectar is also a drector of another company of owner or pariner of ny other concer, the names of such organizations; @ ‘Any fal reatonship among decors and top re offers 2 @ ‘Sher! boda of each drecter, Bat Neither the company nor any of decors of the issuer fs lan

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