BBS Cables Ltd IPO Result

BBS Cables Ltd IPO Result 2017 General Public, NRB Result.  BBS Cables limited IPO Result 2017 will be published on 22nd June 2017. You will get BBS Cables Bank Branch Code, General Public Result and Non Residence Bangladeshi (NRB) result.

BBS Cables Ltd IPO Result

BBS Cables IPO (initial public offering) approved by BSEC, which will raise Tk 200 million fund under fixed price method. The approval came at a commission meeting of BSEC.

BBS Cables will offload 20 million shares at an offer price of Tk 10 each to raise Tk 200 million fund. The fund will be used for acquisition of plant and machinery, building and other civil works, partial loan repayment and bearing IPO expenses.

BBS Cables IPO Result Download

BBS Cables IPO result will be published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), the company and our Website. BBS Cables Ltd IPO Result will available on 22nd June 2017.

Stock Broker / Merchant Bank Code

BBS Cables Result General Public

Affected Investors

Non Residence Bangladeshi (NRB)

Eligible Investor Mutual Fund

Eligible Investors Other Than Mutual Fund

BBS Cables Result Mutual Fund

ISSUE MANAGER:

Banco Finance and Investment Limited and ICB Capital Management Limited will act as issue manager of the IPO process.

BBSC Cable IPO subscription:

IPO subscription of BBS Cables, a sister concern of Bangladesh Building Systems, will begin on May 23, which will raise Tk 200 million from the public using the fixed price method.

BBS Cables IPO subscription, a sister concern of Bangladesh Building Systems, will begin on May 23, which will raise Tk 200 million from the public. The IPO subscription will continue till June 4 for resident and non-resident Bangladeshis.

Get All IPO Result 2017

As per the securities regulator’s approval, the company will float 20 million ordinary shares of Tk 10 each. A market lot is 500 shares and an investor needs Tk 5,000 to apply for per lot of BBS Cables IPO.

As per the financial statement for the year ending on June 30, 2016, the company’s earnings per share (EPS) and net asset value (NAV) are Tk 2.46 and Tk 16.87 respectively without revaluation. Banco Finance and Investment and ICB Capital Management are working as managers of BBS Cables.

BSEC also approved Tk 5.0 billion subordinate bond, to be issued by Dutch-Bangla Bank Limited (DBBL). The tenure of the non-convertible subordinate bond will be seven years. The bank will raise the fund through issuing bond to strengthen its capital base.

BBS Cables Limited ADDRESS:

BBS Cables factory Address:

Jaina Bazar, Telehate,

Sreepur, Gazipur, Bangladesh

Email: info@bbscables.com.bd | Web Address: www.bbscables.com.bd

Corporate & Registered Office: Ga-64, Middle Badda, progoti swarani, Dhaka 1212

Phone:  +880-2-9859915-17, 9850771 | Fax:  880-2-9632701

Email: info@bbscables.com.bd | Web Address: www.bbscables.com.bd

 

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