Bashundhara Paper Mills Ltd IPO Result 2018 Will be Publish Soon. The IPO Result Draw Will be Held at The International Convention City Bashundhara Hall – (ICCB) At 10.30 am on 30 May 2018. So, IPO Subscriber Will be Get The Result After Announce The Draw by The Proper Authority. BPML IPO Result Can be Found Online at Official Website and Exam Result BD. The Initial Public Offering Subscription of Bashundhara Paper Mills Ltd Began For Raising Tk 2.0 Billion From The Capital market Under The Book Building Method. The Official Website is www.bashundharapapermills.com.
Bashundhara paper Mills Ltd IPO Result 2018
The BPML IPO Subscription Approved on 30 January at Board Meeting. The IPO Subscription Will be Start from 26 April and Will Continue Till 09 May 2018. PO 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.
Bashundhara Papers Mills Limited raised Tk 2.0 billion, by floating more than 26 million ordinary shares, of which 15.62 million shares (60 percent) to be issued to the eligible investors at Tk 80 each.
According to financial statement for the year ended on June 30, 2016, the company’s net asset value (NAV) including revaluation reserve per share (EPS) was Tk 30.49, whereas the value was Tk 15.79 without revaluation reserve. The Company Will Collect TK 2.0 Billion Through Issued of 26 Million 41 Thousand 667 Shares in The capital Market.
The BPML is a Subsidiary of Bashundhara Group. Prior to this, Bashundhara Paper Mills Ltd IPO has organized Road Shore on June 30, 2016 to collect capital from the capital market in the book building system through IPO. The Bashundhara Group Operates Over 20 majors Concerns in Bangladesh.
Bashundhara Paper Mills IPO Result Download
Bashundhara Paper Mills IPO Result PDF Download File Will be Found at Below. BPML IPO Result Will be Announce on 30 May 2018. When The Authority Announce The IPO Result, We Will upload The Result at below Option as Per Mention Category.
BPML IPO Information:
The company will raise Tk 2.0 billion with a face value of Tk 10 each. However, the offer price is Tk. 80 with the premium of Tk 70 per share.
A total of 67.50 per cent of the IPO fund will be used for Expansion of Business (installation of factory machinery) while, 30.00 per cent for Repayment of Bank loan and 2.50 per cent for IPO expenses. The market lot is 100 units. The EPS was Tk. 2.61 for the period ended on June 30, 2017 while, NAV was Tk. 31.85 as on June 30, 2017.
- NOS. OF SHARE OFFER for EI: 1, 56, 25, 000
- NOS. OF SHARE OFFER for INDIVIDUAL INVESTORS: 1, 04, 16, 667
- Total VALUE OF IPO: Tk. 1,999,999,952/=
- INDIVIDUAL INVESTORS IPO VALUE: Tk. 749,999,952/=
- FACE VALUE: Tk. 10/=
- PREMIUM VALUE: Tk. 62/=
- MARKET LOT: 100
- TOTAL PRICE: TK. 7,200.-
- SHARE ALLOTMENT: Individual Investors =104,167 lot.
- And, Finally 20% of the securities for general public shall be reserved for Affected Investors.
In Addition, BMPL authorized Capital is Tk. 5,000,000,000 divided into 500,000,000 ordinary shares of Tk. 10.00 each. On the other hand Paid up Capital (Before IPO) is Tk. 1,477,497,750 divided into 147,749,775 ordinary shares of Tk. 10.00 each. Through, After IPO Paid up Capital is Tk. 1,737,914,420 divided into 173,791,442 ordinary shares of Tk. 10.00 each.
At The End of Bashundhara Paper Mills Ltd IPO Result Draw, If You Have any Question, then Make a Comment in The Below Box.