![]() ![]() Other products include internet banking, mobile banking, debit cards, credit cards, and distribution of third-party insurance/mutual fund products. The asset products include retail loans and Small and Medium Enterprise (SME) loans. The bank was incorporated on 21 st January 2015 and commenced its operations on 15 th April 2017. The bank has a banking license that permits it to offer banking services throughout the country. Summary of Business: Safe Trust Bank is a commercial bank focusing on serving the under-banked segment in the country.It is estimated to grow at 7.1% in FY19-20 as per government estimates. As a result, the GDP of our country has grown by 6.8% CAGR in the last 10 years. It has increased from 18% of GDP in FY2008-09 to 25% of GDP in FY18-19. Industry Overview: Household savings have seen a rising trend in the country.General Risk: Investments in equity products involve a degree of risk, and investors should not invest any funds in the issue unless they can afford to take the risk of losing their investment.The promoter of Safe Trust Bank: Safe Trust Financial Holdings Limited & Financial Literacy Trust.They have a wide distribution network with 567 distributors spread throughout the country.Įxtract of Red Herring Prospectus of a Bank (Equity Shares) The company enjoys a 7% market share in the mango fruit segment and a 4% market share in the strawberry fruit segment. These are available in PET bottle, tetra pack, and tin can. The company primarily offers two drinks – Mango Delight and True Strawberry. is a fruit juice manufacturing company with a primary focus on mango and strawberry fruit. Those sales which take place through restaurants, bars, clubs, etc., are on-trade sales. Those sales that take place at grocery stores, hypermarkets, and supermarkets are known as off-trade sales. There are two distribution channels – off-trade and on-trade. The remaining 10% consists of ready-to-drink tea and coffee, concentrates, sports, and energy drinks. They account for 90% of the total volumes sold. The main segments constituting soft drinks are carbonated soft drinks, bottled water, and juices. Overview: Our country’s: Aggregate soft drinks market saw aggregate sales of 16,000 million liters in 2018, amounting to $20 billion. ![]() Risks: Since this is the first public issue of the issuer, there is no formal market for equity shares.The issue shall constitute % of the fully diluted post-issue paid-up capital of our company. for cash at a price of $ per equity share, including a share premium of $ per equity share aggregating $. Public issue of equity shares of the face value of $10 each of Thomas Ltd. Examples of Red Herring are as follows: Example #1Įxtract of Red Herring Prospectus of a Beverage Company.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |