ADN Telecom Limited IPO Lottery Result

ADN Telecom Limited IPO Lottery Result

ADN Telecom Limited IPO Lottery Result published on 28 November 2019 & found here. ADN Telecom Limited Subscription Open from November 04, 2019 and Close on November 11, 2019. ADN Telecom Limited IPO Lottery Result updated. Download ADN Telecom Limited IPO Lottery Result that will be published & found here. IPO or an Initial Public Offer (IPO) is the first sale of a stock by a private company to the public company. In this way, a company can increase money by issuing either debt or equity. IPO or Share market inauguration is a type of public offer in which shares of a company generally are sold to the predictable investors that in turn, sell to the general public by a securities exchange for the first time.

ADN Telecom Lottery Result

In this way, a private company converts into a public limited company. IPOs are often issued by smaller or newer companies seeking the funds or capital to expand, but can also be done by large privately-owned companies looking to become in public trading.

ADN Telecom Limited  IPO Lottery Result & Information

Initial Public Offer (IPO) of ADN Telecom Limited

ADN Telecom Ltd IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of ADN Telecom Limited on December 2018 at the commission regular board meeting presided over by its chairman M Khairul Hossain, approved the IPO proposal of ADN Telecom Limited, said a BSEC press release. BSEC approved the IPO of the company to raise capital of Tk  crore from the market by offering  crore shares at a price of Tk.  each share under the Book Building Price method.

According to the Financial Statement The company’s earnings per share (EPS) was Tk 2.67 and the net asset value (NAV) per share Tk 18.80 at the end of June 30, 2018. ICB Capital Management Limited has acted on behalf of the company’s issue manager. The company’s IPO fund will be used for Construction of new factory building in the existing vacant area, Import of new Machinery, Bank loan repayment, Construction of Building  and meeting IPO expenses & IPO related other relevant expenses according to the IPO prospectus.

ADN Telecom Limited IPO Lottery Result Found Here

ADN Telecom Ltd IPO Lottery Result 2019 published on 28 November 2019 & found here. Download ADN Telecom Ltd IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 04 November to 11 November 2019. ADN Telecom Ltd IPO Lottery draw held on 28 November 2019. Place: Engineering Institute, IEB Millaniton, Ramna Dhaka at 10:30 A.M. The IPO results has also published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and the company’s website after the lottery programmed. See the Result below.

Click the following Link to get ADN Telecom LTD IPO Lottery Result

  1. Stock Broker/Merchant Bank Code
  2. General Public/Resident Bangladesh
  3. Non-Residence Bangladesh(NRB)
  4. Affected Small Investors
  5. All Eligible Investor (Pro-Data Allotment)

You can also get the result from the official website of ADN Telecom Limited IPO Lottery Result i.e. www.adnsl.net

You can also download ADN Telecom Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php

ADN Telecom Limited as per Prospectus

Profit & Loss Account

Profit & Loss Account

ADN Telecom LIMITED
(Subscription Open: November 04, 2019, Close: November 11, 2019)

Face/Share Value: Taka 10/Per Share
Lot Distribution: 100

Premium Value: Taka 17/Per Share
Total Value Taka = 2,700/Lot

Issue Manager: ICB Capital Management Limited has acted on behalf of the company’s issue manager.

Website: www.adnsl.net

Click here to Download Prospectus of ADN Telecom Limited

Brief Description with Address of ADN Telecom Limited

ADN Telecom Limited located in Bangladesh and the corporate office is located in Dhaka, Bangladesh. ADN Group is one of the leading ICT service providing Group in Bangladesh and well known for Disruptive Technology Service offering through several SBUs. ADN products are popular due to its high quality products, effective management, efficient marketing strategy and strong marketing team and practice of good business ethics among channel partners and customers.

The Bangladesh Securities and Exchange Commission (BSEC) has approved the initial publication of ADN Telecom Limited (IPO) for withdrawing money from the stock exchange. This approval has been given in a regular meeting of the Commission.

Principal Products:  Principal Products & Services are: 

ADN Telecom Ltd has been emerging of following products & services

FIBER

With more than 73 PoPs fully owned & 1500 shared PoPs, our powerful fiber optic network will fulfill all your home & enterprise needs as the best ISP in Bangladesh.

WIRELESS

Our Wireless network covers 90% of Bangladesh. Home and enterprise users of 64 districts can enjoy full power of our wireless connectivity.

SATELLITE

As the leading satellite-based service provider in the country, we cover every single inch of Bangladesh and ensure 99.98% up time.

Name of Subsidiaries:

Registered Office

Registered & Corporate Office

Dhaka Office

Red Crescent Concord Tower (19th Floor)

17, Mohakhali Commercial Area

Dhaka – 1212, Bangladesh.

Phone: +880 2 984 1234

IP Phone: +880961 000 8888

Fax: +880 2 988 7551

Email: info@adnsl.net

Chittagong Office

IFCO Complex (10th Floor – South)

1147/A, CDA Avenue

GEC Circle, Nasirabad,

Chittagong, Bangladesh.

Phone: +880 31 255 2036

IP Phone: +880 9610 999 152

Khulna Office

25-26, BDBL Bhaban (Level-7),

(Former Shilpa Bank Bhaban),

KDA C/A, Upper Jessore Road

Khulna-9100,Bangladesh.

IP Phone: +880 9610 999 153

Sylhet Office

Garden Tower Apartment

Flat No. – GTA3113

11th Floor, Shahjalal Bridge Link Road,

Sylhet – 3100, Bangladesh.

IP Phone: +880 9610 999 154

IP Phone: +880 9610 999 152

Web: www.adnsl.net

You can also get the result of

IPO Latest Update Information Latest

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