New IPO Notes

Ifad Autos Limited

• Nature of business: The principal activity and operation of IFAD Autos Limited is importing, marketing and body-building of different Models of Ashok Leyland’s vehicles in Bangladesh through its own marketing staffs, dealers and selling agents in different districts of the country. Types of vehicles include AC Buses, Deluxe Buses, Goods Trucks, Dump Trucks, and Prime Movers etc. Its customers group comprises both private and public sectors.

• Principal products and services: The principal products and services of the IFAD Autos Limited are presented as follows:
Product Name:    a) Vehicles& Body Building
                        b) Spare Parts
                        c) Fuel/Lubricants

• Market for product & services: IFAD Autos Limited engaged in importing, marketing and body-building of different Models of Ashok Leyland vehicles in Bangladesh for Private and Public Sectors.

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