Index Agro IPO

The Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Index Agro Industries Limited. The information was given in a notification signed by BSEC Executive Director (Current Responsibilities) and Spokesperson Muhammad Rezaul Karim on December 2. In this article, we would discuss the update of the Index Agro IPO result.

Index Agro IPO Prospectus

The securities regulatory commission had approved a proposal to issue 16 million ordinary shares of Desh Index Agro through the initial public offering or IPO. The IPO worth will be Tk. 10 each. It means the Industries will raise Tk 16 crore issuing the initial public offering or IPO. The money raised will be used for government treasury bonds and fixed deposits, capital market investments, and an initial public offering.

According to the Industries’s audited financial statements as of December 31, 2021, the net asset value per share is 11 taka 72 paisa. Also the EPS per share of the Industries is 1 taka 36 paisa. Prime Finance Capital Management Limited is in charge of issue management of Index Agro Industries.

Index Agro IPO Subscription Summary

On Wednesday, the initial public offering of Desh Index Agro Industries (IPO) was authorized by Bangladesh Securities and Exchange Commission (BSEC) and it was worth Tk 16 crore. The IPO subscription to Desh Index Agro will begin in February next year while Prime Finance Capital Management will serve as issue manager.

Index Agro IPO Lottery Result 2021

The Desh Index Agro IPO result for the lottery has not been published yet. But we will post it on our website as soon as it is available. You will also know additional information about the Index Agro IPO result on our website here. So be sure to check the website again and get the latest update as per your requirements.

Stocker broker/Merchant Banker’s Code

Affected Small Investors

Non-Resident Bangladeshi

Resident Bangladeshi

About Index Agro

Desh Index Agro Industries LTD. is a public limited Industries incorporated in Bangladesh. The Industries began its operations in March 2000. The Industries has no affiliate and does not belong to a holding Industries. Prime Finance Capital Management Limited is the issue manager of Desh Index Agro for its IPO operation.

Now you should have all the information regarding the Index Agro IPO result. The primary purpose of the Industries is to carry on the practice of insurance, warranty, and indemnity. Index Agro will invest IPO funds in different sectors such as stock markets, fixed deposits, and treasury bonds.

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