IFAD Autos Limited IPO Lottery Result- www.ifadgroup.com. IFAD Autos Limited IPO Result. IFAD Autos Limited IPO Lottery Result has been published on 24 December, Wednesday. IFAD Autos Limited IPO Lottery Result has been published on IFAD Autos Limited website and DSE website as well. IFAD Autos Limited IPO Lottery was held on 24 December, Thursday at Engineers Institute Dhaka at 10.00 am. We also published IFAD Autos Limited IPO Lottery Result here. IFAD Autos Limited IPO subscription over subscript about 15 times than IPO size. Download IFAD Autos Limited IPO Lottery Result from below
IFAD Autos Limited IPO Lottery Result Published
Bank / Branch Code
General Public
Mutual Fund
Affected Small Investors
Non – Resident Bangladeshi (NRB)
Distribution of Refund Warrant
IFAD Autos Limited IPO Approved:- Bangladesh Securities and Exchange Commission (BSEC) approved IFAD Autos Limited IPO on September 18, 2014 at a regular meeting of the commission. IFAD Autos Limited will upload 2.12 crore shares of Tk 10/= each at offer value of Tk 30/= with a premium of Tk2o/-. IFAD Autos Limited will raise TK 63.75 crore through initial public offerings (IPO).
According to the financial statements of IFAD Autos Limited ended on June 30, 2014, the EPS- Earning Per Share was TK 5.16/- and NAV- Net Asset Value is TK 44.12/-.
According to the prospectus, IFAD Autos Limited will use the IPO fund to repay bank loan, for business expansion and for its IPO expenses. Banco Finance and Investment Limited and Alpha Capital Management Limited are the issue manager of IFAD Autos Limited IPO.
The principal activity and operation of IFAD Autos Limited is importing, marketing and body building of different Models of Ashok Leyland’s vehicles in Bangladesh through its own marketing staffs, dealers and selling agents in different districts of the country
For more information about IFAD Autos Limited IPO you can visit IFAD Autos Limited website www.ifadgroup.com or DSE website www.dsebd.org.
IFAD Autos Limited IPO Subscription:IFAD Autos Limited IPO subscription will start from November 23, 2014. IFAD Autos Limited IPO subscription period for General Public will from November 23, 2014 to November 27, 2014. IFAD Autos Limited IPO subscription period for NRB will from November 23 to December 06, 2014
Download IFAD Autos Limited IPO Application Form & Prospectus
Download General Public Application Form
Download NRB Application Form
Download Affected Investors’ Application Form
Abridged Version Prospectus of IFAD Autos Limited IPO
IFAD Autos Limited IPO at a glance
Subscription: 23-27 November, 2014
Market Lot: 200 shares per share @ Tk 30 Total Tk 6000/=
EPS: Tk 5.16 NAV: Tk 44.12
Total Shares: 2.12 Crore
General Public (60%): 63,750 lots
Affected Investors (20%): 21,250 lots
NRB (10%): 10,625 lots
Mutual Fund (10%): 10,625 lots
Total (100%): 1,06,250 lots
Bankers to the Issue of IFAD Autos Limited IPO:
Bank Asia Ltd, National Bank Ltd, Brac Bank Ltd, ICB, The City Bank Ltd, Premier Bank Ltd, Southeast Bank Ltd, Mercantile Bank Ltd, UCBL, Standard Bank Ltd, Dhaka Bank Ltd.
Foreign Currency Rate for IFAD Autos Limited IPO:
