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Saif Powertec Ltd gets IPO nod

Saif Powertec Ltd gets IPO nod

Bangladesh Securities and Exchange Commission yesterday gave a go-ahead to Saif Powertec to raise Tk 36 crore from the public. The power generation equipment and service provider will float 1.2…

General investors’ IPO spree goes on

General investors’ IPO spree goes on

Public subscriptions of the newly-approved companies are witnessing a huge response, as general investors still prefer the primary market for risk-free investment amid volatility in the secondary market, officials said.…

AFC Agro gets 60 times higher IPO subscription

AFC Agro gets 60 times higher IPO subscription

The initial public offering (IPO) of AFC Agro Biotech has been oversubscribed by more than 60 times, indicating strong investor interest in the company. Investors ordered shares worth over Tk700…

Emerald Oil IPO gets BSEC approval

Emerald Oil IPO gets BSEC approval

The Bangladesh Securities and Exchange Commission on Tuesday (19 November 2013)  approved a Tk 20-crore initial public offering of Emerald Oil Industries Ltd. The BSEC gave its nod to the IPO…

Appollo Ispat to raise Tk 2.2b through IPO

Appollo Ispat to raise Tk 2.2b through IPO

DHAKA, NOV 7: The lottery of IPO of Apollo Ispat Complex Limited was held at the Engineers’ Institution of Bangladesh in the city on Thursday(7 November 2013)). Appollo Ispat offered…

Twitter plans to raise $1.4bn through IPO

Twitter plans to raise $1.4bn through IPO

Twitter has unveiled the price range for its shares at it prepares for its initial public offering (IPO). In a filing on Thursday (24 October 2013), Twitter said it planned…

AFC Agro gets nod for IPO

Bangladesh Securities and Exchange Commission yesterday gave the green light to AFC Agro Biotech to raise Tk 12 crore from public. The bio-pharmaceutical and biochemical manufacturer plans to float 1.2…

IPO lottery of Paramount Textile today

IPO lottery of Paramount Textile today

Initial Public Offering (IPO) lottery of Paramount Textile Limited will be held today (Thursday) to allocate shares among the investors, officials said. The lottery will be held at 10am at…

Energypac Power Generation IPO: Institutional investors allowed to submit indicative price by Oct 1

Energypac Power Generation IPO: Institutional investors allowed to submit indicative price by Oct 1

The Energypac Power Generation will offload 45.4 million ordinary shares in the capital market under the book building method with a view to build up two separate plants and repay…

Investors hit the jackpot of IPOs

Bangladesh primary equity market subscribed around Tk 50 billion against demand offer of Tk 5.73 billion in the last nine months in 2013, showing the primary stock market is attracting…