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R.N. Spinning Mills Ltd. | AT A GLANCE | NAME OF THE PROJECT | R.N. SPINNING MILLS LTD. | ADDRESS OFFICE | M .L. Tower, 1 East Rampura,
D.I.T. Road, Dhaka. | FACTORY | Plot # 100-107 & 127-134,
Comilla Export Processing Zone, Comilla | LEGAL STATUS | Public Limited Company | MANAGING DIRECTOR | ABDUL KADER FARUK | TYPE OF THE PROJECT | Acrylic & Synthetic yarn manufacturing Industries under Textile Sector. | OBJECTIVE OF THE PROJECT | The unit is designed for the manufacturing of Synthetic yarn, as an import-substitute industry and which will generate a lucrative amount of foreign exchange savings for the country. | PROJECT COST | FC : Tk. 150.00 Crore | WORKING CAPITAL | TK. 27.00 Crore | BANK TERM LOAN | Tk. 25.00 Crore | SPONSOR’S EQUITY | Tk 110.95 Crore | PUBLIC ISSUE | TK.30.00 Crore | EMPLOYMENT GENERATION | 1600 Nos | INTERNAL RATE OF RETURN | 30% (Apporx.) | BREAK-EVEN SALES | Tk. 11.78 Crore per month | MAXIMUM SALES REVENUE | Tk. 18.19 Crore per month | NO. OF SPINDLES | 30,000 SPINDLES | PRODUCTION CAPACITY | 30,000 Kg per day | TOTAL FACTORY SPACE | 280,100 Square feet | COMPANY STATUS | KOREA-BANGLADESH Joint Venture Company
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