Bashundhara Paper Mills Ltd IPO Result

Bashundhara Paper Mills Ltd IPO Result 2024 Download. Bashundhara Paper Mills IPO Lottery Draw will be held at the International Convention City Bashundhara hall-1 (ICCB) at 10:30 am on 30 May 2024. Bashundhara Paper Mills IPO Result Publish Online after Completing the Lottery Draw.

According to the Bangladesh Securities and Exchange Commission (BSEC), the company will issue the Consent Letter to start the IPO subscription on Wednesday, 23 May. Bashundhara Paper will issue shares at the rate of 80 taka to ILIL Investor (EI) and ordinary investors at Tk 80 & Tk 72 for general Investors and issued by electronic bidding.

Bashundhara Paper Mills Ltd IPO Result

On June 30, 2024, the company’s earnings per share (EPS) have been Tk 1.46. The company’s Net Asset Value per share (NAVPS) has been increased to 30.49 rupees with its asset valuation.

Bashundhara Paper Mills Ltd IPO will collect Tk 199 million 99 thousand 99 thousand 952 through issued of 26 million 41 thousand 667 shares in the capital market. Of this, the cut off price or 80.55 lakh shares will be issued at Tk. 125 million to the EIs. The remaining 1 corer  4 lakh 16 thousand 666 shares will be sold at Tk 74 corer  99 lakh 99 thousand 952 for the common investors by falling 10 percent of the cut off price.

Bashundhara Paper Mills Ltd IPO subscription:

Bashundhara Paper Mills Limited, a subsidiary of Bashundhara Group, started IPO subscription from 26 April for the capitalization of the capital market through book building system. Bashundhara Paper Mills  IPO Subscription ended on 9 May 2024.

Prior to this, Bashundhara Paper Mills Ltd IPO has organized Road Shore on June 30, 2024 to collect capital from the capital market in the book building system through IPO. Road Shore More than a year later, in August of 2024, approval of bidding was approved by the company for the cut off price. After fixing the cut off price by bidding, the BSEC approved the issue of shares of Bashundhara Paper to the investors at the commission meeting on January 30.

Bashundhara Paper Mills IPO Result Download

Bashundhara Paper Mills IPO Result PDF Download from our website. Bashundhara Paper IPO Result will be published on 30th May 2024.

Bashundhara Paper IPO Result PDF

Stock Broker / Merchant Bank Code

Bashundhara Paper IPO General Public

Bashundhara Paper IPO Affected Investors

Non-Residence Bangladeshi (NRB)

All Eligible Investors (Pro-rata Allotment)

According to the company’s prospectus, Bashundhara Paper will spend on the cost of IPO process, in terms of income collected through IPO, construction of infrastructure, equipment purchase, installation and land development of 135 corers, loan payment of 60 corer and remaining Tk 5 corer.

Check All IPO Result 2024

BPML EPS & NAV: As per the financial statement for the year ended on June 30, 2024, the company’s net asset value (NAV) stood at Tk 30.49 per share (with revaluation) and Tk. 15.79 per share (without revaluation), whereas the weighted average of EPS was Tk 1.46.

  • NOS. OF SHARE OFFER for EI: 1, 56, 25, 000
  • NOS. OF SHARE OFFER for INDIVIDUAL INVESTORS: 1, 04, 16, 667
  • Total VALUE OF IPO: Tk. 1,999,999,952/=
  • INDIVIDUAL INVESTORS IPO VALUE: Tk. 749,999,952/=
  • FACE VALUE: Tk. 10/=
  • PREMIUM VALUE: Tk. 62/=
  • MARKET LOT: 100
  • TOTAL PRICE: TK. 7,200.-
  • SHARE ALLOTMENT: Individual Investors =104,167 lot.
  • And, Finally 20% of the securities for general public shall be reserved for Affected Investors.

It has been learned that some of the companies have recently approved subscribing date due to IPO approval. For this reason, the dates of those companies will begin to be subscribed within 2-3 months from the BSEC.

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Result

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