IFAD Autos Ltd IPO Result, form and Prospectus Download. IFAD Autos IPO form will be available in here. IFAD Autos Limited Initial Public Offering (IPO) prospectus approved by The Bangladesh Securities and Exchange Commission (BSEC). The IFAD Autos IPO approval approached a statement from a commission meeting which chaired by professor M Khairul Hossain, chairman of the commission held on Thursday. We will provide all information about IFAD Autos limited.
IFAD Autos Ltd IPO Result
IFAD Autos Limited to go public to raise TK 63.75 crore with IPO. IFAD Autos Limited will relieve of over 2.12 crore ordinary shares of TK10 per share at an offer price of TK 30 with a premium of TK 20 per share. The company will collect TK 63.75 crore for repay loan, business expansion and bear the IPO expenses. According to the latest financial statement, the earning per share (EPS) is TK 5.16 and net assets value (NAV) per share is TK 44.12. The company’s issue manager will be Banco Finance and Investment Limited and Alpha Capital Management for the IPO process.
IFAD Autos Ltd IPO Result will be published on 24th December 2014…
IFAD Autos Ltd IPO form:
IFAD Autos Ltd IPO form available now. Download Application form .
About the Company:
Ifad Autos Ltd is new generation top of the Autos company in Bangladesh. At present they leads in Autos market in Bangladesh. IFAD group is entrenched in the very expansion of the country of Bangladesh. In 1985 Ifad Autos Ltd added with IFAD group. Ifad Autos Limited provides a massive range of commercial & Business vehicles from Renowned Ashok Leyland. Recently this company supplied over 20,000 vehicles to more than 1000 of organizations all over the country.
The company earns over Fifty (50) Million taka at per year and it has recently been declared as one of the largest and most credit-worthy borrowers in the Bangladesh; current it has ranked in 8 positions.
IFAD Autos Ltd Company Prospectus:
From last 12 years this company Dominated or Leading the Auto market in Bangladesh. Recently IFAD Autos made a significant entry into the Light Cargo Vehicle market, by a extraordinary brand of Ashok Leyland called “DOST” which is an enterprise with Nissan Company, Japan.
IFAD Autos Ltd IPO Subscription:
IFAD Autos Ltd IPO Subscription details published. But very soon they will announce Subscription details and then will be inform you in here.
Subscription open: 23 Nov 2014
Subscription close: 27 Nov 2014
Subscription close for NRB: 23 Nov 2014 to 06 Dec 2014
IFAD Autos IPO Result Download
Ifad Autos Ltd Contact Address:
IFAD Autos Limited, Sonartori Tower (14-17th Floor), 12, Biponon Commercial Area Sonargaon Road, Dhaka-1000 Bangladesh. Phone: +9632753-7 | hotline: +044-78009768 | E-mail: email@example.com