Prilink Securities to sell 7 lakh Craftsman Footwear shares worth Tk2.35cr
Prilink Securities, a brokerage firm at the Dhaka Stock Exchange, plans to sell 7 lakh shares of SME-listed Craftsman Footwear and Accessories, a shoe manufacturer and exporter, worth Tk2.35 crore.
In a disclosure, Prilink Securities, which is a placement shareholder of Craftsman and acquired its shares during the company's listing through a Qualified Investor Offer, expressed its intention to sell the shares.
Last month, the brokerage also announced plans to sell 10 lakh shares. Today, Craftsman Footwear shares rose 2.74% to close at Tk33.70 on the DSE.
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Craftsman Footwear raised Tk5 crore in 2024 by issuing shares at Tk10 each for expansion, working capital, and loan repayment. The disclosure also said Md Zahirul Islam and Md Abu Syed Titu are directors of the company and also chairman and managing director of Prilink Securities.
The export-oriented company has two production units for local and export markets. In the 2024-25 fiscal year, it reported revenue of Tk76.76 crore, with 97% from exports worth Tk74.36 crore.
The company made a profit of Tk4.32 crore, down from Tk5.44 crore a year earlier, and declared a 10.50% cash dividend. As of December 2025, sponsor-directors held 45.22% of its 2.8 crore shares, institutional investors 32%, and the general public 22.78%, according to DSE data.
