Bashundhara Papers Mills Limited Share Transaction will be started on 02 July 2018. Bashundhara Papers Mills Limited IPO Lottery Result 2018 has been published on 30 May 2018 & found here. BASHUNDHARA PAPER MILLS LIMITED Subscription Open from April 30, 2018, and Close on May 09, 2018. Bashundhara Papers Mills Limited IPO Lottery Result updated. Download Bashundhara Papers Mills 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.
Bashundhara Papers Mills Limited IPO Lottery Result & Information Latest
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.
Download Prospectus of Bashundhara Papers Mills Limited
Initial Public Offer (IPO) of Bashundhara Papers Mills Limited
Bashundhara Papers Mills Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Bashundhara Papers Mills Limited on 30 January 2018 at their 626th board meeting. BSEC approved the IPO of the company to raise capital of Tk 200 crore from the market through book-building method on January 30, 2018. Bangladesh Securities and Exchange Commission (BSEC) on August 27 last year to conduct the electronic bidding for determining the cut-off price for its initial public offering. Bashundhara Papers Mills Limited conducted electronic bidding in October 2017 and the cut-off price has been fixed at Tk 80 each, including a premium of Tk 70 for each Tk 10 share for the eligible institutional investors.
Bashundhara Papers Mills Limited raised Tk 2.0 billion, by floating more than 26 million ordinary shares, of which 15.62 million shares (60 percent) to be issued to the eligible investors at Tk 80 each.
Th Remaining 10.40 million shares will be issued to the general shareholders, including non-resident Bangladeshis, at 10 percent discount on cut-off price, meaning the general investors will get each share of the company at Tk 72 each, as per the book-building method.
According to the financial statement for the year ended on June 30, 2016, the company’s net asset value (NAV) per share is Tk 30.49, including revaluation reserve, whereas the value is Tk 15.79 without revaluation reserve. The weighted average of earnings per share (EPS) was Tk 1.46 for the year ended on June 30, 2016. AAA Finance & Investment Limited have acted on behalf of the company’s issue manager. The company’s IPO fund will be used to purchase machinery about Tk 1.35 billion, to repay bank loans of about Tk 600 million and to bear IPO expenses about Tk 50 million & IPO related other relevant expenses according to the IPO prospectus.
Bashundhara Papers Mills Limited IPO Lottery Result Found Here
Bashundhara Papers Mills Limited IPO Lottery Result 2018 published on 30 May 2018 & found here. Download Bashundhara Papers Mills Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 30 April 2018 to 09 May 2018. Bashundhara Papers Mills Limited IPO Lottery draw held on 30 May 2018. Place: International Convention City Bashundhara hall-1 (ICCB) in the city, Dhaka at 10:30 A.M. The IPO results will be published on the websites of Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) and the company’s website after the lottery programme. See the Result below.
Click the following Link to get Bashundhara Papers Mills Limited 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 Bashundhara Papers Mills Limited IPO Lottery Result i.e. www.bashundharapapermills.com
You can also download Bashundhara Papers Mills Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
Bashundhara Papers Mills Limited as per Prospectus
BASHUNDHARA PAPER MILLS LIMITED
(Subscription Open: April 30, 2018, Close: May 09, 2018)
Share Value: Taka 10/Per Share
Lot Distribution: 100
Premium Value: Taka 62/Per Share
Total Value Taka = 7,200
Issue Manager: AAA Finance & Investment Limited have acted on behalf of the company’s issue manager.
Website: www.bashundharapapermills.com
Click here to Download Prospectus of Bashundhara Papers Mills Limited
Brief Description with Address of Bashundhara Papers Mills Limited
The Bashundhara Group has started operation as a real estate venture known as “Bashundhara” under the aegis of the Group’s first concern–the East West Property Development (Pvt) Ltd in 1987. This project turned out to be a very successful one and had helped foster the growth of trust and confidence of the urban people in “Bashundhara”. Bashundhara Paper Mills, a concern of country’s leading business conglomerate Bashundhara Group, produces a wide range of paper and paper products. The company also exports paper. It has three production units in Narayanganj and Munshiganj. Bashundhara Group has subsidiaries they are below:
Bashundhara Group now operates over 20 major concerns:
- East West Property Development (Pvt) Limited
- Meghna Cement Mills Limited
- Bashundhara Paper Mills Limited
- Bashundhara LP Gas Limited
- Bashundhara City Development Limited
- Bashundhara Steel Complex Limited
- Bashundhara Industrial Complex Limited
- Bashundhara Steel And Engineering Limited
- Bashundhara Logistics Limited
- Bashundhara Foundation
- Bashundhara Convention Center
- Bashundhara Dredging Company Limited
- Bashundhara Technical Institute
- Bashundhara Telecommunications Network Limited
- Bashundhara Food and Beverage industries Limited
- Sundarban Industrial Complex Limited
- Bashundhara Cement Industries Limited
- East West Media Group
- Social Islami Bank Limited
- Bashundhara Kings
- Rangpur Riders
- Kebab Turki Baba Rafi (Bangladesh)
- Meghna Cement Mills Ltd. is a member of the Bangladesh Cement Manufacturers Association.
Bashundhara Papers Mills Limited (BPML), a Sister concern of Bashundhara Group, Since the start of its operations, Bashundhara Papers Mills Ltd. was keen on establishing standards of security, safety and occupational health as a cornerstone of this vital sector which affects citizens in their daily lives. Bashundhara Papers Mills was also keen on establishing highly experienced and knowledgeable technical workforce trained to conduct all papers and maintenance work related vehicles operated by natural gas, the fuel of this era, being economical, safe and environmentally friendly.
BPML Corporate Office:
Plot # 125/A, Block# A, Bashundhara R/A, Road No-2 Baridhara, Dhaka-1229. Phone: +880 2 8432008-17Fax: +880 2 8432196.
E-Mail: info@bg.com.bd
Website: www.bashundharapapermills.com
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IPO Latest Update Information 2018
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