BBS Cables Limited IPO Lottery Result published today on 22 June 2017. BBS Cables Limited subscription open from 23 May 2017 to 04 June 2017. BBS Cables Limited IPO Lottery Result updated. Download BBS Cables Limited IPO Lottery Result that will be published 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.
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.
Initial Public Offer (IPO) of BBS Cables Limited
BBS Cables Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of BBS Cables Limited on 13 April 2017 at their 602nd meeting. The company has expressed its intention to collect Taka 20 crore from the capital market offering 2 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earning per shares (EPS) Taka 2.46 for the period ended on and net asset value (NAV) Taka 16.87 according to the financial statement as on 30 June 2016. Banco Finance and Investment Limited and ICB Capital Management Limited jointly working on behalf of the company’s issue managers. The company will spend the capital for Business expansion, acquisition of Plant & Machineries, Building & other civil works, Partial loan repayment of IPDC and IPO related other relevant expenses.
BBS Cables Limited IPO Lottery Result Found Here
BBS Cables Limited IPO Lottery Result has been published. Download BBS Cables Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 23 May 2017 to 04 June 2017 of BBS Cables Limited IPO Lottery Result published today on Thursday, 22 June 2017. Place: Engineering Institute, Ramna, Dhaka at 10:30 A.M. See the Result below. Total Applied 48 Times, General Applied …, Affected Applied …, NRB Applied .., MF Applied … and Intuition Applied … Times.
Click the following Link to get BBS Cables Limited IPO Lottery Result
- Stock Broker/ Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
- Eligible Investor Mutual Fund
- Eligible Investors Other Than Mutual Fund
- Distribution of Refund Warrant
You can also get the result from the official website of BBS Cables Limited IPO Lottery Result i.e. www.bbscables.com.bd
You can also download BBS Cables Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
BBS CABLES LIMITED
(Subscription Open: May 23, 2017, Close: June 04, 2017)
Share Value: Taka 10/Per Share
Lot Distribution: 500
Total Value Taka = 5,000
Institute/Eligible Investor (EI) (40%) = 16,000 Lot
Mutual Fund (MF) (10%) = 4,000 Lot
General Public (32%) = 12,800 Lot
Affected Investors (8%) = 3,200 Lot
Non-Residential Bangladesh (NRB) (10%) = 4,000 Lot
Total Lot 100% = 40,000 Lot
Total Share = 2 Core
Earnings per Share (EPS): 2.46
Net Asset Value (NAV): 16.87
according to the financial statement for the period ended on 30 June 2016.
Issue Manager: Banco Finance and Investment Limited and ICB Capital Management Limited have acted on behalf of the company’s issue managers.
Address of BBS Cables Limited
BBS Cables Limited, a sister concern of Bangladesh Building Systems Limited (BBSL) which is a leading Pre-Engineered Steel Building Manufacturer in Bangladesh, has been incorporated in 2009. BBS Cables Ltd. factory located at Sreepur, Gazipur. Corporate Office, Ga-64, Middle Badda, progoti swarani, Dhaka 1212, Contact No.: 88 02 9859915-17, 9850771, Email: [email protected] Website: www.bbscables.com.bd
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