FAR Chemical Industries IPO Result Download www.fargroupbd.com. FAR Chemical Industries Ltd Initial Public Offering (IPO) result will be published on 10 April 2014. Download FAR Chemical IPO Result 2014. FAR Chemical IPO over subscript 71.66 times.
FAR Chemical Industries Ltd IPO approved by Bangladesh Securities & Exchange Commission (BSEC).The Executive Director of Bangladesh Securities & Exchange Commission (BSEC) Forhad Ahmed had taken the decision on 21st January 2014. It was the 560th conference of BSEC. First Securities Services Ltd is the issue manager of Company.
FAR Chemical Industries IPO Result
FAR Chemical Industries Ltd. was issuing Tk 1 crore 20lakhs shares to raise Tk 12 crore for repaying its bank loans with Tk 10 face value. FAR Chemical Industries Ltd. planned to raise Tk 12 crore during an initial public offer (IPO) to selling equipments and working capability. Single lot offer is Tk 5000. When FAR Chemical IPO Result 2014 will be published then we will published the result in the same time.
Total amount of subscription excluding NRB is Tk 8,447,345,000 and application received 2689469 no. Total amount received from NRB is Tk 152500000 up to 24th march 2014. And application received 30500 no. So total subscription received Tk 8599845000 and application received 1719696 no. against public issue of FAR Chemical Industries IPO of Tk 120000000 (total lots 24000) that is over subscribed by 71.665 times.
FAR Chemical Industries Ltd. (IPO) Information: Earnings per share is Tk 5.01 and per share net asset value is Tk 15.55 and Face value fixed at Tk 10. Hence, FAR Chemical IPO over subscript 71.66 times more than total IPO size.
Bank / Branch Code
General Public (RB)
Non resident Bangladeshi (NRB)
Affected small investors
Distribution of Refund Warrant
FAR Chemical Industry is a textile chemical based industry which is placed in Comilla EPZ and manufacturing all types of textile chemicals. The Group is 100% export oriented textile sector. FAR Group is a rising company in the industrial sector of Bangladesh. It is guided by the visionary Chairman Al-Hajj Md. Abdul Kader Faruk and supported by its expert and dedicated managerial team and employees.
FAR Chemical IPO Result
FAR Chemical contributed saving the foreign currency too by reducing foreign imports by its soft and quick release of quality goods. Corporate Office: M. L. Tower (15th-16th Floor), 1 East Rampura, D.I.T Road, Dhaka-1219, Bangladesh. Get FAR Chemical IPO Result 2014 from our website
Factory: Plot: 135-136, Comilla Export Processing Zone, Comilla, Bangladesh. E-mail: [email protected] You can download FAR Chemical Industries IPO Result from AllResultBD.com and will get more news about Initial Public Offering (IPO).