IFAD Autos Limited IPO Result and Application Form Download. IFAD Autos Limited IPO approved on 18th September 2014 by The Bangladesh Securities and Exchange Commission. IFAD Autos Ltd wants to raise Tk 63.75 crore from public. Recently IFAD Autos Ltd IPO application form published.
IFAD Autos IPO Result
The approval came at Bangladesh Securities and Exchange Commission (BSEC) commission meeting at the head office. This Autos Limited plans to float 2.12 crore of initial public share or ordinary shares. IFAD Autos Limited IPO offering price Tk 30, including Tk 20 as premium, where Face value per share Tk. 10.00.
Banco Finance and Investment and Alpha Capital Management will act as issue manager of IFAD Autos Limited IPO, the proceeds of which would be used for business expansion and bank loan repayment.
As per the audited financial statement for the year ended on June 30, 2014, The Company’s the earning per share (EPS) Tk 5.16 and net asset value (NAV) Tk 44.12of the IFAD Autos.
IFAD Autos IPO Subscription:
IFAD Autos IPO Subscription details published. This company IPO subscription will start from 23rd November 2014.
Subscription open: 23 November 2014
Subscription close: 27 November 2014
Subscription close for NRB: 23 November 2014 to 06 December 2014
Market lot: 200 units
Single lot price: Tk. 6000.0
IFAD Autos Limited IPO Application Form
This Autos Limited Authorized Capital BDT. 2,000,000,000, Paid up Capital before IPO as on October 28, 2013 (As per Audited Accounts and Return of Allotment) 937,500,000.
IFAD Autos Limited IPO Result will be published on 24th December 2014. You will get your IPO result from our website very fast then others. Besides you get all initial public offer (ipo) information from our website.
IFAD Autos Limited IPO 16.5 times over subscript than total IPO size.
Applicants other than Non‐resident Bangladeshi (NRB) and Foreign applicants for public issue of securities shall submit application/instruction, within the subscription period, to the Stockbroker/ Merchant Banker where the applicant maintains BO account.
IFAD Autos Limited contact Address:
Sonartori Tower (14th-17th floor), 12, Biponon Commercial Area Sonargaon Road, Dhaka-1000 Bangladesh. Phone: +9632753-7, Hotline: +044-78009768, E-mail: [email protected]