IFAD Autos Limited IPO Result 2015. IFAD Autos ltd ipo lottery Result and Draw Date Will be publish last week of December, 2014. IFAD Autos IPO Application Process has Completed. IFAD Autos IPO Lottery Draw will be held on 24 December, 2014 at institute of Engineers Bangladesh. Lottery Draw time 10.00 AM. If Any Reason Lottery Draw Place and Date Will be change then we will update here as well as Our Facebook Page. Check IFAD Autos Result 2014. IFAD Autos IPO Draw Result has Published.
IFAD Autos IPO Approved by Bangladesh Securities Exchange Commission (BSEC) on September, 2014. IFAD Company issued 2.12 Core Shares at the price of TK. 30/- each with a premium of tk 20/-.
Company Market Lot: 200 lots Single Lot Price: TK 6000.00/-Earning Per Share (EPS): TK. 5.16/- Net Assets Value (NAV): TK. 44.12/- Total Shares: TK. 2.12 Core General Public : 63.750 lots (60%) Affected Investors: 21,250 (20%) NRB: 10,625 lots (10%) Mutual Fund: 10.625 (10%)
IFAD Autos Limited IPO Result:
IFAD Autos Limited IPO subscription was start from 23rd November 2014 and subscription was close 27th November 2014. IFAD group is rooted in the very development of the country of Bangladesh. IFAD Group is unwavering in its promise for consumer satisfaction through superior product quality, the group. IFAD Autos Ltd IPO Result-www.ifadgroup.com. Ifad autos ipo result will be held on 24 December, 2014.
IFAD Autos ltd ipo subscription application was start 23 November and completed 27 November, 2014.
FAD IFAD AUTOS LIMITED: COMPANY PROFILE
IFAD Autos Limited was incorporated in Bangladesh on February 17, 1988 as a Private Limited Company and was subsequently converted into a Public Limited Company on 30 September, 2011 with the Registrar of Joint Stock Companies and Firms in Bangladesh under the Companies Act, 1994. Its Certificate of Incorporation Number is C-17301(101)/88
NATURE OF BUSINESS
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. Types of vehicles include AC Buses, Deluxe Buses, Goods Trucks, Dump Trucks, and Prime Movers etc. Its customers group comprises both private and public sectors. IFAD has an integrated network for marketing its trade products. It appoints dealers for different districts for promoting the market of its imported vehicles. Presently, the company has sales outlet at Khulna, Rajshahi, Chittagong divisions which covers the districts viz. Jessore, Faridpur, Mymensingh, Rangpur, Commilla, Sylhet, etc. Dhaka and its adjoining areas are covered by its head office.