The Dhaka Stock Exchange board on Sunday decided to enlist IFAD Autos which has already raised Tk 63.75 crore through an initial public offering after regulatory approval.
In the IPO the company floated 2.12 crore shares with an offer price of Tk 30 each share including Tk 20 in premium. The Bangladesh Securities and Exchange Commission in September last year approved the IPO of the company.
According to the financial statements of IFAD Auto for the year ended on June 30 last year, earning per share and net asset value per share of the company stood at Tk 5.16 and Tk 44.12 respectively.
Banco Finance and Investment Limited and Alpha Capital Management Limited are the issue manager of the IPO fund.
A DSE web post on Sunday said that the trading of the shares of National Feed Mill Limited, which has raised Tk 18 crore through an IPO, will commence at the bourse today.
Trading of the shares of C & A Textiles Limited will start at the bourse on January 21.
C & A Textiles has raised Tk 45 crore through an IPO.
-With New Age input
