BBS Cables IPO Lottery Result published today on 22 June 2017. BBS Cables Limited subscription open from 23 May 2017 to 04 June 2017. BBS Cables IPO Lottery Result updated. Download BBS Cables 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.
BBS Cables IPO Lottery Result has been published. Download BBS Cables IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 23 May 2017 to 04 June 2017 of BBS Cables IPO Lottery Result published today on Thursday, 22 June 2017. Place: Engineering Institute, Ramna, Dhaka at 10:30 A.M.
Get BBS Cables Limited IPO Result
Distribution of Refund Warrant
You can also get the result from the official website of BBS Cables IPO Lottery Result i.e. www.bbscables.com.bd
Initial Public Offer (IPO) of BBS Cables Limited
BBS Cables IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of BBS Cables Ltd at their 602nd meeting. The company has expressed its intention to collect Taka 20 crore from the capital market offering 2 Crore ordinary shares to issue share prices at Taka 10 as face value. The company’s earning per shares (EPS) Taka 2.46 for the period ended on and net asset value (NAV) Taka 16.87 according to the financial statement as on 30 June 2016. The company will spend the capital for Business expansion, acquisition of Plant & Machineries, Building & other civil works, Partial loan repayment of IPDC and IPO related other relevant expenses.
BBS CABLES LIMITED Subscription
Subscription Open: May 23, 2017
Subscription Close: June 04, 2017
- Share Value: Taka 10/Per Share
- Lot Distribution: 500
- Total Value Taka = 5,000
- Institute/Eligible Investor (EI) (40%) = 16,000 Lot
- Mutual Fund (MF) (10%) = 4,000 Lot
- General Public (32%) = 12,800 Lot
- Affected Investors (8%) = 3,200 Lot
- Non-Residential Bangladesh (NRB) (10%) = 4,000 Lot
- Total Lot 100% = 40,000 Lot
BBS Cables Limited Address
BBS Cables Limited, a sister concern of Bangladesh Building Systems Limited (BBSL) which is a leading Pre-Engineered Steel Building Manufacturer in Bangladesh. Commercial production started from 2011. BBS Cables Ltd. factory located at Sreepur, Gazipur. Corporate Office, Ga-64, Middle Badda, progoti swarani, Dhaka 1212, Contact No.: 88 02 9859915-17, 9850771, Email: email@example.com.