Oimex Electrode Limited IPO Lottery Result Published on 05 October 2017. Oimex Electrode Limited subscription open from 05 September 2017 to 13 September 2017. Oimex Electrode Limited IPO Lottery Result updated. Download Oimex Electrode 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 Oimex Electrode Limited
Oimex Electrode Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Oimex Electrode Limited on 09 May 2017 at their 604th meeting. The company has expressed its intention to collect Taka 15 crore from the capital market offering 1.5 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earning per shares (EPS) Taka 2.19 (Basic) for the period ended on and net asset value (NAV) Taka 14.87 according to the financial statement as on 30 June 2016. MTB Capital Limited working on behalf of the company’s issue manager. The company will spend the capital for Business expansion, acquisition of Plant & Machineries, Building & other civil works and IPO related other relevant expenses.
Oimex Electrode Limited IPO Lottery Result Found Here
Oimex Electrode Limited IPO Lottery Result has been published. Download Oimex Electrode Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 05 September 2017 to 13 September 2017. Oimex Electrode Limited IPO Lottery Result published today on Thursday, 05 October 2017. Place: Engineering Institute, Ramna, Dhaka at 10:30 A.M. See the Result below. Total Applied ……. Times, General Applied …, Affected Applied …, NRB Applied .., MF Applied … and Intuition Applied … Times.
Click the following Link to get Oimex Electrode Limited IPO Lottery Result
- Stock Broker/ Merchant Bank Code
- General Public/Resident Bangladesh
- Non-Residence Bangladesh(NRB)
- Affected Small Investors
You can also get the result from the official website of Oimex Electrode Limited IPO Lottery Result i.e. www.oimexelectrodes.com
You can also download Oimex Electrode Limited IPO Lottery Result from Dhaka Stock Exchange (DSE) original website http://www.dsebd.org/ipo_lottery_result.php
Oimex Electrode Limited as per Prospectus
OIMEX ELECTRODE LIMITED
(Subscription Open: 05 September 2017, Close: 13 September, 2017)
Share Value: Taka 10/Per Share
Lot Distribution: 500
Total Value Taka = 5,000
Institute/Eligible Investor (EI) (40%) = 12,000 Lot
Mutual Fund (MF) (10%) = 3,000 Lot
General Public (32%) = 9,600 Lot
Affected Investors (8%) = 2,400 Lot
Non-Residential Bangladesh (NRB) (10%) = 3,000 Lot
Total Lot 100% = 30,000 Lot
Total Share = 1.5 Core
Earnings per Share (EPS): 2.19 (Basic)
Net Asset Value (NAV): 14.87
according to the financial statement for the period ended on 30 June 2016.
Issue Manager: MTB Capital Limited have acted on behalf of the company’s issue manager.
Address of Oimex Electrode Limited
Oimex Electrode Limited, on 21 March 2010, OEL began its inception through welding electrode manufacturing. Today, OEL has a leading company with a diversified portfolio in Bangladesh, has been incorporated on September 18, 2005. OEL has countrywide sales network reinforced with fast logistical support and state-of-arts manufacturing and R&D facilities. Oimex Electrode Limited factory is located at Pipulbaria, Daulatpur, Kushtia, Bangladesh. Registered Office: 225/1 (1st Floor) Elephant Road, Dhaka-1205. Phone:+880-2- 9665272. Email: email@example.com. Website: www.oimexelectrodes.com
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