Coppertech Industries Limited IPO Lottery Result

Coppertech Industries Limited IPO Lottery Result has published on 30 April 2019 & found here. Coppertech Industries Limited Subscription Open from March 31, 2019, and Close on April 09, 2019. Coppertech Industries Limited IPO Lottery Result updated. Download Coppertech Industries 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.

Coppertech Industries Limited  IPO Lottery Result & Information

Initial Public Offer (IPO) of Coppertech Industries Limited

Coppertech Industries Ltd IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Coppertech Industries Limited on December 2018 at the commission regular board meeting presided over by its chairman M Khairul Hossain, approved the IPO proposal of Coppertech Industries Limited, said a BSEC press release. BSEC approved the IPO of the company to raise capital of Tk 20 crore from the market by offering 2 crore shares at a price of Tk. 10 each share under the Fixed Price method.

According to the Financial Statement The company’s earnings per share (EPS) was Tk 2.60 and the net asset value (NAV) per share Tk 12.06 at the end of June 30, 2018. MTB Capital 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.

Coppertech Industries Limited IPO Lottery Result Found Here

Coppertech Industries Ltd IPO Lottery Result 2019 published on 30 April 2019 & found here. Download Coppertech Industries Ltd IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 31 March to 09 April 2019. Coppertech Industries Ltd IPO Lottery draw held on 30 April 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 Coppertech Industries 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 Coppertech Industries Limited IPO Lottery Result i.e. www.coppertechbd.com

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

Coppertech Industries Limited as per Prospectus

COPPERTECH INDUSTRIES LIMITED
(Subscription Open: March 31, 2019, Close: April 09, 2019)

Share Value: Taka 10/Per Share
Lot Distribution: 500

Premium Value: Taka 0/Per Share
Total Value Taka = 5,000/Lot

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

Website: www.coppertechbd.com

Click here to Download Prospectus of Coppertech Industries Limited

Brief Description with Address of Coppertech Industries Limited

Coppertech Industries Ltd. (CIL) is located in Hobiganj, shylet, Bangladesh and the corporate office is located in Dhaka, Bangladesh. CIL is the largest Copper Pipe, Tube, Bas Bar, Strip, Wire manufacturer in Bangladesh. It is housed in a factory of 1,11,839 square feet equipped to manufacture formed sanitary and value-added engineered products. Coppertech Industries has been largely successful in its venture due to its downstream partners and successfully anticipating market demand and trends. The value addition made to Copper products by CIL has offered an affordable air condition and refrigeration making material option to the market as it less expensive than previously imported ones. Furthermore, promoting Copper products as a ‘maintenance free’ material has made it the material of choice for many companies throughout Bangladesh. CIL 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 Coppertech Industries 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: 

Coppertech Industries Ltd has been emerging of Copper products. Coppertech Industries limited has engaged in manufacturing and marketing. The company commenced commercial operations in June 2014, and produces copper bars, copper rods, copper strips, copper wire, copper pipes, and copper tubes.

The Company has following principal products:

Copper bars, copper rods, copper strips, copper wire, copper pipes, and copper tubes.

Name of Subsidiaries:

There is no subsidiaries of Coppertech Industries Ltd.

Registered Office

Corporate Head Office

House: 214 (4th floor), Road: 13,
Mohakhali DOHS, Dhaka-1206

Tel: +88-02-8715809
Fax: +88-02-8715867
Email: info@coppertechbd.com

Web: www.coppertechbd.com

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