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.
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 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
- Stock Broker/Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
- 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
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.
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
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.
Our Wireless network covers 90% of Bangladesh. Home and enterprise users of 64 districts can enjoy full power of our wireless connectivity.
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 & Corporate 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
IFCO Complex (10th Floor – South)
1147/A, CDA Avenue
GEC Circle, Nasirabad,
Phone: +880 31 255 2036
IP Phone: +880 9610 999 152
25-26, BDBL Bhaban (Level-7),
(Former Shilpa Bank Bhaban),
KDA C/A, Upper Jessore Road
IP Phone: +880 9610 999 153
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
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